Bahmani-Oskooee, Mohsen; Saha, Sujata - In: Journal of Economic Studies 42 (2015) 4, pp. 707-732
Purpose – While changes in stock prices are said to affect exchange rates, exchange rate changes are also said to affect stock prices. The purpose of this paper is threefold. First, the authors review all empirical literature by dividing them into two groups of univariate and multivariate...