Christian Funke aims at developing a better understanding of a central asset pricing issue: the stock price discovery process in capital markets. Using U.S. capital market data, he investigates the importance of mergers and acquisitions (MA) for stock prices and examines economic links between...

This paper aims to identify the relationship between FDI and stock market development and to observe its short and long run dynamics. Other variables like inflation, large scale manufacturing index and exchange rate are also included in the study in order to determine the most favorable variable...