Ali, Rizwan; Mangla, Inayat Ullah; Rehman, Ramiz Ur; … - In: Risks 8 (2020) 3, pp. 1-16
In this study, we examine an empirical relationship between stock market volatility with the exchange rate and gold prices of an emerging market, "Pakistan", employing daily and monthly data (PSX-100 Index) covering from 2001: Q3 to 2018: Q2. The study explains the average stock returns by...