Khalid, Shah; Ullah, Wali; Rabbi, Fazli - In: Knowledge Horizons - Economics 4 (2012) 1-2, pp. 46-52
This paper studies the dynamic behavior of stock price index of Karachi Stock Exchange (KSE). We use annual data from 1973-2008 to capture the long run and short run relationships of stock prices with various macroeconomic variables such as real interest rate, investment, money supply and...