Hsing, Yu; Hsieh, Wen-jen - In: Journal of Business Economics and Management 13 (2011) 2, pp. 334-343
<title>Abstract</title> Applying the GARCH or ARCH model, this paper finds that Poland's stock market index is positively associated with industrial production or real GDP and the German stock market index, negatively affected by the government borrowing/GDP ratio, the real interest rate, the nominal effective...