Demographic structure and stock prices

被引:11
作者
Jamal, AMM [1 ]
Quayes, S
机构
[1] SE Louisiana Univ, Dept Management, Hammond, LA 70402 USA
[2] SE Louisiana Univ, Dept Gen Business, Hammond, LA 70402 USA
关键词
demographic structure; price-dividend ratio;
D O I
10.1016/j.econlet.2004.02.004
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper investigates the relationship between the demographic structure and stock prices, incorporating demand and supply factors. The results show that the proportion of the population in the prime earning age has had a direct influence on stock prices. (C) 2004 Published by Elsevier B.V.
引用
收藏
页码:211 / 215
页数:5
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