scholarly journals A Study of Impact of Selected Macro Economic Variables on Nifty

2019 ◽  
Vol 8 (1) ◽  
pp. 1
Author(s):  
Nitu Omprakash Gupta
Keyword(s):  
Economic Variables

The Linkage of REIT Income- and Price-Returns with Fundamental Economic Variables

CFA Digest ◽  
2004 ◽  
Vol 34 (1) ◽  
pp. 7-8
Author(s):  
Charles F. Peake
Keyword(s):  
Economic Variables

Macroeconomic Determinants of Stock Market Prices in Nepal

2020 ◽  
Vol 2 (1) ◽  
pp. 56-65
Author(s):  
Bhim Prasad Panta
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Stock Market ◽  
Money Supply ◽  
Developing Economies ◽  
Annual Data ◽  
Economic Variables ◽  
Market Prices ◽  
Ardl Model ◽  
Long Run

Background: Stock market plays a crucial role in the financial system of a country. It can be viewed as a channel through which resources are properly channelized. It enables the governments and industry to raise long-term capital for financing new projects. The stock markets of developing economies are likely to be sensitive to various macro-economic factors such as GDP, imports, exports, exchange rates etc., when there is high demand on financial products, as a constituent of financial market, ultimately stock market needs to develop. Many factors can be a signal to stock market participants to expect a higher or lower return when investing in stock and one of these factors are macroeconomic variables and thus, macro-economic variables tend to effect on stock market development. Objective: This study examines the linkage between stock market prices (NEPSE index) and five macro-economic variables, namely; real GDP, broad money supply, interest rate, inflation, and exchange rate using ARDL model and to explain the behavior of the Nepal Stock Exchange Index. Methods: The ECM which is delivered from ARDL model through simple linear transformation to integrate short run adjustments with long run equilibrium without losing long run information. The analysis has been done by using 25 years' annual data from 1994 to 2019. Findings: The result suggests that the fluctuation of Nepse Index in long run is strongly associated with broad money supply, interest rate, inflation, and exchange rate. Conclusion: Though Nepalese stock market is in primitive stage, broad money supply, interest rate, inflation and exchange rate are major factors affecting stock market price of Nepal. So, policies and strategies should be made and directed taking these in to consideration. Implication: The findings of research can be helpful to understand the behavior of Nepalese stock market and develop policies for market stabilization.

Real Macro Economic Variables and Stock Prices: Test of Proxy Hypothesis in Turkey

2008 ◽  
Author(s):  
Erman Erbaykal ◽  
H. Aydin Okuyan ◽  
Ozgur Kadioglu
Keyword(s):  
Stock Prices ◽  
Economic Variables

The Role of Chinese Economic Variables on the Australian and New Zealand Equity Returns

2019 ◽  
Author(s):  
Yongbo Ge ◽  
Ji (George) Wu ◽  
Jing Zhang ◽  
Liping Zou
Keyword(s):  
New Zealand ◽  
Equity Returns ◽  
Economic Variables

An Empirical Analysis on the Impact of Capital Gain Tax and Economic Variables on Apartment Price

2017 ◽  
Vol 9 (2) ◽  
pp. 89-109
Author(s):  
Gee-je Cho ◽  
◽  
Seon-woo Lee ◽  
Dong-Jun Jeong ◽  
◽  
...  
Keyword(s):  
Empirical Analysis ◽  
Capital Gain ◽  
Economic Variables ◽  
The Impact
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