Article in Journal

What Moves the DAX?

Stefan Mittnik, Nikolay Robinzonov, Klaus Wohlrabe
ifo Institut, München, 2013

ifo Schnelldienst, 2013, 66, Nr. 23, 32-36

Regular publications of macroeconomic figures that diverge from the expectations of market participants have an immediate effect on the German share market in two thirds of cases. Data on investments, figures on real economic activities and the results of business surveys have a particularly significant impact on the stock markets.

JEL Classification: G110, G120

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ifo Institut, München, 2013