scholarly journals Do Macro-economic Variables Move in Tandem: Evidence from India and Sri Lanka

2011 ◽  
Vol 6 (1) ◽  
pp. 1-15 ◽  
Author(s):  
Gagan Deep Sharma ◽  
Sanjeet Singh ◽  
Mandeep Mahendru
Keyword(s):  
Author(s):  
S. Anandasayanan

Economic strength in a country could be measured by macroeconomics variables. Inflation, interest rate, unemployment rate and GDP Deflator are some macroeconomics variables that show economic condition in Sri Lanka. The impact of macro-economic variables on share prices is uncontrollable. This study investigates the relationship between macroeconomic variables and stock prices in Sri Lankan stock market using yearly time series data for the period from 1990 to 2017. The Ordinary Least Square regression was carried out using four macroeconomic variables for stock prices. The results shows that the higher R Square value (72.4911) which justifies higher explanatory power of macroeconomic variables in explaining stock prices. Consistent with similar results of the developed as well as emerging market studies, interest rate and inflation rate and unemployment rate react mainly negatively to stock prices in the Colombo Stock Exchange. These findings hold practical implications for policy makers, stock market regulators, investors and stock market analysts.


2015 ◽  
Vol 21 ◽  
pp. 114-115
Author(s):  
Kavinga Gunawardane ◽  
Noel Somasundaram ◽  
Neil Thalagala ◽  
Pubudu Chulasiri ◽  
Sudath Fernando

Crisis ◽  
2010 ◽  
Vol 31 (1) ◽  
pp. 30-35 ◽  
Author(s):  
Sudath Samaraweera ◽  
Athula Sumathipala ◽  
Sisira Siribaddana ◽  
S. Sivayogan ◽  
Dinesh Bhugra

Background: Suicidal ideation can often lead to suicide attempts and completed suicide. Studies have shown that Sri Lanka has one of the highest rates of suicide in the world but so far no studies have looked at prevalence of suicidal ideation in a general population in Sri Lanka. Aims: We wanted to determine the prevalence of suicidal ideation by randomly selecting six Divisional Secretariats (Dss) out of 17 in one district. This district is known to have higher than national average rates of suicide. Methods: 808 participants were interviewed using Sinhala versions of GHQ-30 and Beck’s Scale for Suicidal Ideation. Of these, 387 (48%) were males, and 421 (52%) were female. Results: On Beck’s Scale for Suicidal Ideation, 29 individuals (4%) had active suicidal ideation and 23 (3%) had passive suicidal ideation. The active suicidal ideators were young, physically ill and had higher levels of helplessness and hopelessness. Conclusions: The prevalence of suicidal ideation in Sri Lanka is lower than reported from the West and yet suicide rates are higher. Further work must explore cultural and religious factors.


Crisis ◽  
2002 ◽  
Vol 23 (3) ◽  
pp. 104-107 ◽  
Author(s):  
Murad M. Khan

Summary: The Indian subcontinent comprises eight countries (India, Pakistan, Bangladesh, Nepal, Sri Lanka, Afghanistan, Bhutan, and the Maldives) and a collective population of more than 1.3 billion people. 10% of the world's suicides (more than 100,000 people) take place in just three of these countries, viz. India, Sri Lanka, and Pakistan. There is very little information on suicides from the other four countries. Some differences from suicides in Western countries include the high use of organophosphate insecticides, larger numbers of married women, fewer elderly subjects, and interpersonal relationship problems and life events as important causative factors. There is need for more and better information regarding suicide in the countries of the Indian subcontinent. In particular, studies must address culture-specific risk factors associated with suicide in these countries. The prevention of this important public health problem in an area of the world with myriad socio-economic problems, meager resources, and stigmatization of mental illness poses a formidable challenge to mental health professionals, policy makers, and governments of these countries.


1998 ◽  
Vol 53 (7) ◽  
pp. 771-777 ◽  
Author(s):  
John D. Rogers ◽  
Jonathan Spencer ◽  
Jayadeva Uyangoda

2012 ◽  
Author(s):  
Wietse Tol ◽  
Fiona Thomas ◽  
Anavarathan Vallipuram ◽  
Sambasivamoorthy Sivayokan ◽  
Mark Jordans ◽  
...  

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