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‘Money Illusion’ And Tinubu’s Challenge To Governors
‘Money illusion’, in Economics, refers to the tendency of people to confuse the nominal value of money (its face value) with its real value (its purchasing power). In other words, people tend to ...
Citations: Cohen, Randolph, Tuomo Vuolteenaho. 2005. Money Illusion in the Stock Market: The Modigliani-Cohn Hypothesis. Quarterly Journal of Economics. (2)639-668.
A question looms over Wall Street as it digests the stock market highs in the dog days of summer 2025: Is this another version of the dotcom bubble? Apollo’s Torsten Slok has already calculated that ...
July 23 (Reuters) – New money market fund reforms are half measures which will fail to end investors’ illusion that there is such a thing as a safe asset. The Securities and Exchange Commission on ...
(Reuters) - New money market fund reforms are half measures which will fail to end investors’ illusion that there is such a thing as a safe asset. The Securities and Exchange Commission on Wednesday ...
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