Documente Academic
Documente Profesional
Documente Cultură
10%
12%
14%
16%
0%
2%
4%
6%
8%
1859
1864
1869
1874
1879
1884
1889
1894
1899
1904
Predicted Stock SD
1909
1914
1919
1924
1929
1934
1939
1944
1949
1954
1959
1964
1969
Predicted IP Growth SD
1974
1979
1984
Fig. 6 -- Predicted Stock Return and Industrial Production Growth Volatility
1989
1994
0%
1%
2%
3%
4%
5%
6%
7%
8%