, macroeconomic variables JEL: C35, C41, C52, E44, G21, G33. ∗ Lindé: Sveriges Riksbank and CEPR. Jacobson and Roszbach: Sveriges … out-of-sample accuracy rates of over 80%. 1 Carling et al. (2007) document the significance of macroeconomic variables for … Swedish loan defaults. Pesaran et al. (2006) focus on setting up a model that links credit losses to macroeconomic variables …

This study examines the relationship between equity prices and macroeconomic variables such as inflation, industrial …

Exchange (BSE) - the BET index, during different periods of time, compared to the evolution of some macroeconomic variables …

volatility using monthly data for Turkey from 1986 to 2003. The macroeconomic variables used include industrial production, the …

interaction between the macroeconomic variables and the Central Area office market is useful to domestic and foreign investors and …

select macroeconomic variables in India, using monthly data from July 1997 to June 2011. We use factor analysis, ADF and PP …-economic variables. These results suggest that the stock prices movement is not only the result of behaviour of key macroeconomic … variables but it is also one of the important reasons of movement in other macro dimension in the economy. …

merged CRSP/Compustat database was augmented by macroeconomic variables and comprehensive dynamic models were estimated by … testing hypotheses regarding the adequacy of macroeconomic variables in the models. The main findings were that the estimated …This paper modeled the effects of firms’ fundamentals such as total assets and long-term debt and of macroeconomic …

and complementary predictive power of macroeconomic variables which are popular in academia and technical indicators which …