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Causal Relationship between Stock Prices and Exchange Rates

Alagidede, Paul; Panagiotidis, Theodore; Zhang, Xu - 2010

Australia, Canada, Japan, Switzerland, and UK from 1992:1 to 2005:12. Recently developed cointegration tests are employed and no …

Persistent link: https://www.econbiz.de/10008609822

Can Common Stocks Provide A Hedge Against Inflation? Evidence from African Countries

Alagidede, Paul; Panagiotidis, Theodore - 2010

markets. By employing parametric and nonparametric cointegration procedures, we show that the point estimates of the …

Persistent link: https://www.econbiz.de/10008620617

Can Common Stocks Provide A Hedge Against Inflation? Evidence from African Countries

Alagidede, Paul; Panagiotidis, Theodore - İktisat Bölümü, İktisadi ve İdari Bilimler Fakültesi - 2010

markets. By employing parametric and nonparametric cointegration procedures, we show that the point estimates of the …

Persistent link: https://www.econbiz.de/10008560338

Can Common Stocks Provide A Hedge Against Inflation? Evidence from African Countries

Alagidede, Paul; Panagiotidis, Theodore - Rimini Centre for Economic Analysis (RCEA) - 2010

markets. By employing parametric and nonparametric cointegration procedures, we show that the point estimates of the …

Persistent link: https://www.econbiz.de/10008469819

Linkages between Stock Prices and Exchange Rates in the EU and the United States

Stavarek, Daniel - EconWPA - 2004

This paper investigates the nature of the causal relationship between stock prices and effective exchange rates in four old EU-member countries (Austria, France, Germany, and the UK), four new EU-member countries (Czech Republic, Hungary, Poland, and Slovakia) and in the USA. Both the long-run...

Persistent link: https://www.econbiz.de/10005134673

Cointegration and Forward and Spot Exchange Rate Regressions

Zivot, Eric - EconWPA - 1998

In this paper we investigate in detail the relationship between models of cointegration between the current spot … exchange rate, st, and the current forward rate, ft, and models of cointegration between the future spot rate, st+1, and ft and … models of cointegration between st and ft more easily capture the stylized facts of typical exchange rate data than simple …

Persistent link: https://www.econbiz.de/10005119154

Cointegration and the stabilizing role of exchange rates

Alexius, Annika; Post, Erik - Nationalekonomiska Institutionen, Uppsala Universitet - 2006

We show that empirical results concerning the behavior of floating exchange rates differ between otherwise identical cointegrated and non-cointegrated VAR models. In particular, virtually all ten-year movements in nominal exchange rates are due to fundamental supply and demand shocks when long...

Persistent link: https://www.econbiz.de/10005644552

Purchasing power parity in the eastern Caribbean currency union

Simmons, Walter; Aggarwal, Raj - In: Journal of Developing Areas 38 (2004) 2, pp. 155-169

There is increasing interest in regional trade, investment, and currency blocs, and in the optimal public policies for such blocs. There is also much managerial interest in the co-movement of exchange rates in a region. The Eastern Caribbean Currency Bloc is one of only three (and one of the...

Persistent link: https://www.econbiz.de/10011213280

Interactions between the Exchange Rates and the Differential of the Stock Returns between Romania and US during the Global Crisis

STEFANESCU, Razvan; DUMITRIU, Ramona - In: Economics and Applied Informatics (2011) 2, pp. 61-66

The relation between the foreign exchange markets and the stock markets is still a controversial subject in the specialized literature. Recent studies revealed the changes that occur in this relation during the financial crisis. In this paper we approach the interactions between the exchange...

Persistent link: https://www.econbiz.de/10010625578

A Perspective on Modelling the Real Trade Weighted Index Since the Float

Aruman, Shakila; Dungey, Mardi - Research School of Economics, College of Business and … - 2001

Persistent link: https://www.econbiz.de/10004967982