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This paper examines the relationship between stock market development and economic growth in case of Argentina … growth. …
Persistent link: https://www.econbiz.de/10010325080
This paper examines the relationship between stock market development and economic growth in case of Argentina … growth. -- stock market development ; economic growth ; VEC models ; Granger causality ; exogeneity …
Persistent link: https://www.econbiz.de/10009743823
Purpose: Modelling security prices seem to be an ending debate in finance literature due to no clear consensus on behavioral patterns, Knowledge of stock price movement has always been an important source of information that is much needed in asset pricing and trading strategies, The aim of this...
Persistent link: https://www.econbiz.de/10014281279
This paper analyzes the impact of equity market information imperfections on R&D driven growth. The mechanism proposed …
Persistent link: https://www.econbiz.de/10013157124
There is growing evidence that the impact of financial development on economic growth might be non-linear and hump … study shows that the finding of a non-linear, hump-shaped impact of financing on economic growth is robust to controlling …, while credit to households a negative impact on growth, even after allowing for non-linearities. (3) Debt-securities and …
Persistent link: https://www.econbiz.de/10012054612
growth and energy as a result of the increase in the energy prices and their volatility in recent years have emerged. The aim … stock exchange index in Turkey. Ceteris paribus, economic growth with the increase of energy consumption, the growth of the …
Persistent link: https://www.econbiz.de/10012999182
We find that the weather induced local employment growth surprises are positively related to the cross section of … employment growth can predict future returns. This return predictability is stronger in more weather sensitive industries, when … employment growth surprises are also positively related to future earnings surprises. Our results are consistent with the …
Persistent link: https://www.econbiz.de/10014257741
This paper proposes the Shannon entropy as an appropriate one-dimensional measure of behavioural trading patterns in financial markets. The concept is applied to the illustrative example of algorithmic vs. non-algorithmic trading and empirical data from Deutsche Börse's electronic cash equity...
Persistent link: https://www.econbiz.de/10010303726
In this paper we examine the link between stock market uncertainty and monetary policy in the US. There are strong arguments why central banks should account for stock market uncertainty in their strategy. Amongst others, they can maintain the functioning of financial markets and moderate...
Persistent link: https://www.econbiz.de/10010274328
The launch of financial reforms in Central and Eastern Europe (CEE) at the beginning of the 1990s stimulated increased interest of investors and academics in the newly-born stock markets of this region. Most of the existing studies, however, consider a group of the CEE markets, stressing their...
Persistent link: https://www.econbiz.de/10009460737