Dynamic Relations between Macroeconomic Variables and Indian Stock Price: An Application of ARDL Bounds Testing Approach
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چکیده
منابع مشابه
Dynamic Relations between Macroeconomic Variables and Indian Stock Price: an Application of Ardl Bounds Testing Approach
The purpose of the present study is to examine the dynamic long run and the short run relationship between stock price and a set of macroeconomic variables for Indian economy using monthly data from April 2004 to July 2014. The long run relationship is examined by implementing the ARDL bounds testing approach to co-integration. VECM method is used to test the short and long run causality and Va...
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ژورنال
عنوان ژورنال: Asian Economic and Financial Review
سال: 2015
ISSN: 2305-2147,2222-6737
DOI: 10.18488/journal.aefr/2015.5.10/102.10.1119.1133