Stock Exchange as a Barometer of Macroeconomic Situation
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The author examines the character and intensity of relationship between stock exchange index return and real dynamic of industrial production in a group of 16 OECD countries. Based on the set of countries with mature market economies, some regularities in relations between boom or slump on the stock exchange and future industry situations are detennined. In author's opinion Polish stock exchange is an efficient tool to forecast the Polish industry future situation.
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