Stock Prices and Exchange Rates: Are they Related? Evidence from South Asian Countries
نویسندگان
چکیده
منابع مشابه
Dynamic Relationship between Stock Prices and Exchange Rates: Evidence from Three South Asian Countries
In this paper we have investigated the interactions between stock prices and exchange rates in three emerging countries of South Asia named as Bangladesh, India and Pakistan. We have considered average monthly nominal exchange rates of US dollar in terms of Bangladeshi Taka, Indian Rupee and Pakistani Rupee and monthly values of Dhaka Stock Exchange General Index, Bombay Stock Exchange Index an...
متن کاملDynamic Linkages between Exchange Rates and Stock Prices: Evidence from Iran and South Korea
The main purpose of present study is to analyze the relationship between stock and exchange markets in two Asian countries, Iran and South Korea. A monthly time series of stock price and exchange rate are used over the period 2002: 05 - 2012: 03. The data is collected from the Central Bank of each country and WDI. The calculated stock return and real exchange rate change are used in analysis....
متن کاملdynamic linkages between exchange rates and stock prices: evidence from iran and south korea
â â â â â â â â the main purpose of present study is to analyze the relationship between stock and exchange markets in two asian countries, iran and south korea. a monthly time series of stock price and exchange rate are used over the period 2002: 05 - 2012: 03. the data is collected from the central bank of each country and wdi. the calculated stock return and real exchange rate change are u...
متن کاملStock Prices , Exchange Rates , and Oil : Evidence from Middle East Oil - Exporting Countries
We consider the linkage between stock prices and exchange rates in four Middle East emerging markets. The existing evidence on stock prices and exchange rates typically relies on introduction of a global market index. On the contrary, we find that for the countries of our sample oil prices emerge as the dominant factor in the above relationship. When we focus on the extended sample we do not de...
متن کاملAre Prices Countercyclical? Evidence From East Asian Countries
The cyclicality of prices has been in debate recently. One of the key stylized facts that has served as a cornerstone for traditional business cycle models is the procyclical behavior of prices. Recent research has questioned the empirical basis for this stylized fact. Using quarterly U.S. data, Kydland and Prescott (1990) report that cyclical components of U.S. prices and output are correlated...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: The Pakistan Development Review
سال: 2002
ISSN: 0030-9729
DOI: 10.30541/v41i4iipp.535-550