Narrow search
Showing 1 - 10 of 3,165
Cover Image
Banks, non-bank companies and stock exchange : do we know the relationship
Ghimire, Binam; Gautam, Rishi; Karki, Dipesh; Sharma, … - In: Economics and business review 1 (2015) 4, pp. 25-45
Persistent link: https://www.econbiz.de/10011433411
Cover Image
Macroeconomic uncertainty, excess liquidity and stability of money demand (M3) in Australia
Fanta, Fassil - In: International Journal of Monetary Economics and Finance 5 (2012) 4, pp. 325-344
financial deregulation in Australia. This paper contributes to the existing body of literature by examining the stability of … cointegration to estimate the long-run stationary relationship between an Australian monetary aggregate (M3) and the explanatory …
Persistent link: https://www.econbiz.de/10010669714
Cover Image
The Behavior of Conventional and Islamic Bank Deposit Returns in Malaysia and Turkey
Charap, Joshua; Cevik, Serhan - International Monetary Fund (IMF) - 2011
. The analysis shows that conventional bank deposit rates and PLS returns exhibit long-run cointegration and the time …
Persistent link: https://www.econbiz.de/10009203548
Cover Image
Do Unit Value Export, Import, and Terms of Trade Indices Represent or Misrepresent Price Indices?
Silver, Mick - International Monetary Fund (IMF) - 2007
Unit value export and import indices compiled from returns to customs authorities are often used as surrogates for price indices in the measurement of inflation transmission, terms of trade (effects), and to deflate import and export value series to derive volume series. Their widespread use is...
Persistent link: https://www.econbiz.de/10005248193
Cover Image
The present value model of U.S. stock prices revisited : long-run evidence with structural breaks, 1871-2012
Esteve García, Vicente; Navarro Ibáñez, Manuel; … - 2017
regression models, 2010) as well as the cointegration tests developed in Arai and Kurozumi (Testing for the null hypothesis of … cointegration with a structural break, 2007) and Kejriwal (Cointegration with structural breaks: an application to the Feldstein …- Horioka Puzzle, 2008). The results obtained are consistent with the existence of linear cointegration between the log stock …
Persistent link: https://www.econbiz.de/10011745419
Cover Image
An empirical investigation into the trading relationships between Asian stock markets and selected advanced equity markets
Vo, Xuan Vinh; Daly, Kevin James; Emerging Financial … - University of Western Sydney; University of Western Sydney; … - 2004
, Taiwan, Indonesia, Malaysia, Philippines, Singapore, Thailand, and the advanced stock markets of Australia, Germany and the … United States. Using data from 1994 to 2003 the paper employs both correlation, causality and co-integration analysis to … benefits to a foreign investor from the US or Australia investing in Asian equity markets changed since the Asian financial …
Persistent link: https://www.econbiz.de/10009482240
Cover Image
Can China Grow Faster? a Diagnosison the Fragmentation of the Domestic Capital Market
Wei, Shang-Jin; Boyreau-Debray, Genevieve - International Monetary Fund (IMF) - 2004
This paper examines possible segmentation of the internal capital market in China. We employ two standard tools from the international finance literature to analyze financial integration across Chinese provinces. Both tests confirm a similar (and somewhat surprising) picture: capital mobility...
Persistent link: https://www.econbiz.de/10005826241
Cover Image
Stock Returns and Output Growth in Emerging and Advanced Economies
Mauro, Paolo - International Monetary Fund (IMF) - 2000
This paper studies the correlation between output growth and lagged stock returns in a panel of emerging market economies and advanced economies. It finds that the correlation is as strong in emerging market economies as in advanced economies. Asset prices therefore contain valuable information...
Persistent link: https://www.econbiz.de/10005769095
Cover Image
Go Long or Short in Pyramids? News From the Egyptian Stock Market
Massa, Isabella; Billmeier, Andreas - International Monetary Fund (IMF) - 2007
Similar to other emerging economies, the Egyptian stock market has recently experienced a remarkable run-up but also a major downturn. This paper analyzes the stock market from two angles. First, it compares the performance of the major stock price index with its underlying fundamentals. Second,...
Persistent link: https://www.econbiz.de/10005604800
Cover Image
Global and Regional Spillovers to GCC Equity Markets
Sedik, Tahsin Saadi; Williams, Oral - International Monetary Fund (IMF) - 2011
This paper analyzes the impact of global and regional spillovers to GCC equity markets. GCC equity markets were impacted by spillovers from U.S. equity markets despite varying degrees of foreign participation. Spillovers from regional equity markets were also important but the magnitude of the...
Persistent link: https://www.econbiz.de/10009151201