A Study on the Relationship between Monetary Policy Variables and Stock Market

On the Relationship between Monetary Policy Instruments, Macroeconomic Variables and Stock Market Returns

The purpose of this paper is to study the impact of the monetary policy instruments and to explore the extent to which macroeconomic variables affect the Romanian stock market’s behaviour in the 2000 – 2011 period with a GARCH-family system of simultaneous equations. Another rational of this research is to determine whether stocks are a good hedge against inflation on the Romanian financial mar...

the relationship between eq, iq and test format: a study on test fairness

the major aim of this study was to investigate the relationship between iq, eq and test format in the light of test fairness considerations. this study took this relationship into account to see if people with different eq and iq performed differently on different test formats. to this end, 90 advanced learners of english form college of ferdowsi university of mashhad were chosen. they were ask...

The Relationship between Stock Market and Macroeconomic Variables: a Case Study for Iran

This paper examines the causal relationship between stock prices and macroeconomic aggregates in Iran, by applying the techniques of the long–run Granger non–causality test proposed by Toda and Yamamoto (1995). We test the causal relationships between the TEPIX Index and the three macroeconomic variables: money supply, value of trade balance, and industrial production using quarterly data for t...

The Relationship Between Stock Market And Macroeconomic Variables: A Case Study For Iran

Stock Market Uncertainty and the Analysis of Monetary Policy shock

Policy makers impose policies to improve economy circumstance in order to achieve economic goals. However, the consequence of these policies along with the intended goals will also influence expectations, fluctuations, etc., and cause changes in levels of uncertainty. The important role of the stock market in the economy, makes it important to examine its uncertainty and its interaction with mo...