An Empirical Study of the Impact of US Stock and Currency Market on the Stock and Currency Markets of India, Japan, Malaysia and Singapore - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook An Empirical Study of the Impact of US Stock and Currency Market on the Stock and Currency Markets of India, Japan, Malaysia and Singapore write by Sromon Das. This book was released on 2014. An Empirical Study of the Impact of US Stock and Currency Market on the Stock and Currency Markets of India, Japan, Malaysia and Singapore available in PDF, EPUB and Kindle. This paper investigates the financial market interlinkages between the United States and four Asian countries; India, Japan, Malaysia and Singapore; focusing on the impact of shocks in the US currency and stock markets on the corresponding Asian market. A simple bi-variate vector autoregressive framework has been used to model the linkages between the financial markets of the US and the Asian countries. On the basis of impulse responses and decomposition of forecast error variance, we found that the financial markets reacted instantaneously to shocks in the corresponding US market, though the quantum of the impact was small. The markets were also found to stabilize rapidly. Variance decomposition of the shocks showed that, in general, US shocks had a greater impact on the currency markets of the Asian economies than on the stock markets.
FINANCIAL CRISIS AND VOLATILITY OF STOCK MARKET AND FOREIGN EXCHANGE MARKET
FINANCIAL CRISIS AND VOLATILITY OF STOCK MARKET AND FOREIGN EXCHANGE MARKET - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook FINANCIAL CRISIS AND VOLATILITY OF STOCK MARKET AND FOREIGN EXCHANGE MARKET write by Das Soma. This book was released on 2023-01-02. FINANCIAL CRISIS AND VOLATILITY OF STOCK MARKET AND FOREIGN EXCHANGE MARKET available in PDF, EPUB and Kindle. Analysis of stock market for the assessment of the risk has assumed greater significance in india, after liberalization. Usefulness of efficident stock market in mobilzing resources is well-known among policy makers and investors. Volatility In the prices of stock adversely affects individual earnings and health of the economy. Volatility in the price of stock market can arise because of several reasons. It creates atmosphere of uncertainty and thus it hampers productive investment. Volatility is inherent feature of stock markets. It should be known to those who are concerned directly and indirectly with stock markets. Volatility of stock prices refers to the frequency with which changes in stock prices over a given period of time. The volatility can also be understood as the frequency or relative rate at which the price of a security moves up and down. Volatility Is found by calculating the annualized standard deviation of daily change in price. Standard deviation of return is widely used as a measure of total risk of a financial asset. If a stock is highly volatile, there is risk of losing capital and thus investors tend to avoid Investing in these stocks.
The Impact of Macro Economy on Stock Price Index
The Impact of Macro Economy on Stock Price Index - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Impact of Macro Economy on Stock Price Index write by Embun Prowanta. This book was released on 2017. The Impact of Macro Economy on Stock Price Index available in PDF, EPUB and Kindle. Objective - The objective of the study is to empirically investigate the relationship between macroeconomic variables as Gross Domestic Product (GDP), inflation, interest rates, exchange rates, foreign exchange reserves, current accounts and export-import towards the stock price index. Methodology/Technique - The data used is monthly data for macroeconomic and the stock price index of five ASEAN countries including Indonesia, Malaysia, Singapore, Thailand and the Philippines from 2006 to 2015. The analysis uses a regression estimation of panel data and a series of chow tests i.e. the Hausman test and the LM test as the selection process, with the aim of determining the macroeconomic variables that could significantly affect the stock price index of five ASEAN countries. Findings - The result show that of the seven macroeconomic variables affecting the stock price index, only four macroeconomic variables showed a significant effect. These are GDP, interest rates, exchange rates, and inflation. Meanwhile, three other variables (foreign exchange reserves, current accounts and export-import) did not show a significant effect. Novelty - The study looked at the effect of deregulation on stock markets, focusing on variables that significantly influence the stock price index.
An Empirical Investigation of Asia-Pacific Stock Markets
An Empirical Investigation of Asia-Pacific Stock Markets - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook An Empirical Investigation of Asia-Pacific Stock Markets write by Su-Chin Yang. This book was released on 1999. An Empirical Investigation of Asia-Pacific Stock Markets available in PDF, EPUB and Kindle.
Market Volatility and Foreign Exchange Intervention in EMEs
Market Volatility and Foreign Exchange Intervention in EMEs - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Market Volatility and Foreign Exchange Intervention in EMEs write by Banco de Pagos Internacionales (Basilea, Suiza). Departamento Monetario y Económico. This book was released on 2013. Market Volatility and Foreign Exchange Intervention in EMEs available in PDF, EPUB and Kindle.
