expectations, the model can generate excess volatility of stock prices, time-varying volatility of returns, long …-horizon predictability of returns, bubbles driven by optimism about the future, and sharp downward movements in stock prices that resemble …

This paper investigates the nature of the causal relationships among stock prices and effective exchange rates in four … running from stock prices to exchange rates. Finally, we detected strong relations when applying the real effective exchange …

studies of stock prices have been a popular method to assess the profit impact of marketing actions in a timely manner; yet …

price dynamics. Findings – The results show that stock prices react to information in a way similar to if short‐selling was …

factor affecting stock prices. Design/methodology/approach – The dynamic inter‐linkages of factors representing financial and … economy can better predict stock prices than the standard empirical capital asset pricing model. There is a Granger cause …

The article empirically examines the response of stock prices in the Nigerian Stock Market to interest rate risk, using … rate sensitivity of stock prices in the Nigerian Stock Market. Specifically, we find both measures of interest rate … duration and convexity to exert strong but opposite effects on stock prices in Nigeria. The empirical evidence shows that the …

in stock prices. The sample is comprised of public US companies with available data from 1980 to 2005. Fama and French …

/methodology/approach – The monthly data used in this study are the stock market index or stock prices from the Stock Exchange of Thailand, and … regime. The stock market return is calculated by the percentage change of stock market index (or stock prices) while the … show that bounds testing for cointegration does not detect the long-run relationship between stock prices and exchange rate …