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During the early 1970s to the early 1980s, high price levels prevailed for several minerals and primary commodities bringing price instability and sectoral transformation to the economies of Some primary commodity-exporting countries. Like Papua New Guinea (PNG), many other agricultural-based...
Persistent link: https://www.econbiz.de/10009482227
This paper attempts to analyse the recent financial crisis in Indonesia and its effect on stock prices of the country. This study also investigates the long-run relationship between exchange rates and stock prices using the cointegration method. Our results indicate that there is no long run...
Persistent link: https://www.econbiz.de/10009482228