Search Results - subject:"macroeconomic variables"

The impact of financial liberalization on macroeconomic dynamics: A two-country analysis

TOKAT, Ekin - In: Iktisat Isletme ve Finans 22 (2007) 261, pp. 5-21

liberalization process. There is also evidence on the increasing impact of foreign economies on Turkey’s and India’s macroeconomic … variables while the long-run equilibrium relation between domestic and foreign variables is stronger for Turkey which is the …

Persistent link: https://www.econbiz.de/10005651170

An Alternative Methodology for Estimating Credit Quality Transition Matrices

Gómez, Jose Eduardo; Acevedo, Paola Morales; Pineda, … - BANCO DE LA REPÚBLICA - 2007

Financial institutions use credit ratings to express their risk perception abouttheir clients. Credit ratings feed their internal credit scoring models, allowingthem to evaluate the current state of the quality of their balances and to calcu-late the reserves required to provision their loan...

Persistent link: https://www.econbiz.de/10005597700

THE INFLUENCE OF INTERNATIONAL STOCK MARKETS AND MACROECONOMIC VARIABLES ON THE THAI STOCK MARKET

CHANCHARAT, Surachai; VALADKHANI, Abbas; HAVIE, Charles - In: Applied Econometrics and International Development 7 (2007) 1

The paper examines the impact of several stock market price indices and macroeconomic variables on the Thai stock …

Persistent link: https://www.econbiz.de/10005607512

The Relationship between Stock Market and Macroeconomic Variables: a Case Study for Iran

Mehrara, Mohsen - In: Iranian Economic Review 12 (2007) 1, pp. 51-62

between the TEPIX Index and the three macroeconomic variables: money supply, value of trade balance, and industrial production … using quarterly data for the period 1372:1 to 1383:4. The results show unidirectional long run causality from macroeconomic … variables to stock market. Accordingly, the stock prices are not a leading indicator for economic variables, which is …

Persistent link: https://www.econbiz.de/10010695839

Changes in the risk structure of stock returns. Consumer Confidence and the Dotcom Bubble.

Leger, Lawrence A.; Leone, Vitor - School of Business and Economics, Loughborough University - 2007

Changes in the risk structure of stock returns may sometimes be very revealing. We examine economic variables that help explain principal components in UK stock returns, 01/1985 to 12/2001. The loading pattern on explanatory variables for the first component in a ‘bubble’ period is...

Persistent link: https://www.econbiz.de/10005570231

The Relationship between Stock Market and Macroeconomic Variables: a Case Study for Iran

Mehrara, Mohsen - In: Iranian Economic Review 10 (2006) 3, pp. 137-148

relationships between the TEPIX Index and the three macroeconomic variables: money supply, value of trade balance, and industrial … macroeconomic variables to stock market. Accordingly, the stock prices are not a leading indicator for economic variables, which is …

Persistent link: https://www.econbiz.de/10010928052

Macroeconomic Volatility under Alternative Exchange Rate Regimes in Turkey

Kasman, Saadet; Ayhan, Duygu - In: Central Bank Review 6 (2006) 2, pp. 37-58

” classification. This paper examines the behavior of the macroeconomic variables in terms of volatility across exchange rate regimes … variations in the mean of most of the macroeconomic variables are not statistically different from each other under “de facto …

Persistent link: https://www.econbiz.de/10005667151

THE IMPACT OF THE FOREIGN INVESTMENTS ON THE CAPITAL MARKET IN ROMANIA

Barna, Flavia - Volkswirtschaftliche Fakultät, … - 2006

No country can develop without an active capital market, which has to be capable to meet the mobilization requests of the assets for financing the national economy. On the other hand, it has to be a profitable instrument for placing the available financing resources. The existence of a potential...

Persistent link: https://www.econbiz.de/10005836137

Macroeconomic Factors and the Ghana Stock Market

Osei, Kofi A. - In: The African Finance Journal 8 (2006) 1, pp. 26-38

macroeconomic variables. The paper establishes that there is cointegration between the macroeconomic variables and Ghana stock … and long run relationships between the macroeconomic variables and the index. In terms of Efficient Market Hypothesis (EMH …

Persistent link: https://www.econbiz.de/10008503540

The Relationship between Stock Market and Macroeconomic Variables: a Case Study for Iran

Mehrara, Mohsen - In: Iranian Economic Review 11 (2006) 3, pp. 137-148

Persistent link: https://www.econbiz.de/10010695765