vygywsnmmasseyacnz good afternoon everyone please see details seminar presented prof jakob madsen wednesday 23rd april 1200 noon 1pm qb 7 macroeconomics stock prices medium term long run seminar professor jakob b madsen department economics monash university httpwwwpersonalbusecomonasheduaujmadsenresumehtm_ftn1_ftn1 abstract paper develops macromodel stock prices predicts growth rates real stock prices real dividends gravitate toward predictable constants long run fluctuate approximately decennial frequencies due movements capitals income share model used analyse effects stock prices technology shocks supply shocks imperfections credit markets change taxes whether stocks less risky long run short run using macroeconomic data 130 years 22 oecd countries data give support model welcome rochelle hughes massey university department coordinator department commerce private bag 102 904 north shore mail centre auckland new zealand 64 9 414 0800 extn 9176 dd 6 4 9 441 8176 f 64 9 441 8177 vygywsnmmasseyacnz wwwmasseyacnz fri 08 aug 2008 015231 1200 seminar notification