The impact of real exchange rates on real stock prices
نویسندگان
چکیده
Purpose The study examines the impact of real exchange rates and asymmetric on stock prices in Malaysia, Philippines, Singapore, Korea, Japan, United Kingdom (UK), Germany, Hong Kong Indonesia. Design/methodology/approach This uses autoregressive distributed lag (ARDL) approach non-linear (NARDL) approach. Findings ARDL shows more economic variables are found to be statistically significant than rate is mostly have a price. Moreover, output interest Asian financial crisis (1997–1998) global (2008–2009) price some economies. Research limitations/implications Economic important determination prices. Originality/value It examine as depreciation could different impacts appreciation previous studies literature nominal
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ژورنال
عنوان ژورنال: Journal of Economics, Finance and Administrative Science
سال: 2022
ISSN: ['2218-0648', '2077-1886']
DOI: https://doi.org/10.1108/jefas-03-2021-0011