Results 271 to 280 of about 758,750 (308)
Some of the next articles are maybe not open access.
Persistent exchange-rate movements and stock returns
Journal of International Financial Markets, Institutions and Money, 2014Abstract We hypothesize that persistent exchange-rate movements are a distress risk and a state variable in the Merton (1973) sense. To test our hypothesis, we use the tracking portfolio approach of Lamont (2001) to capture news about future persistent exchange-rate movements.
openaire +1 more source
EXCHANGE RATE, INTEREST RATE AND STOCK MARKET: EVIDENCE FROM PAKISTAN STOCK EXCHANGE
2017The study analyzes the impact of change in exchange rate and interest rate on the volatility of stock market in Pakistan from January 2000 to December 2015 on weekly basis. The result clearly indicates the existence of ARCH and GRACH effect, and further, change in exchange rate is a source that can enhance the volatility of equity markets in Pakistan ...
Quayyoum, Sobia +2 more
openaire +1 more source
Stock Prices and Effective Exchange Rates
2003The rapid expansion in international trade during the 1970s and the adoption of freely floating exchange rate regimes by many industrialized countries in 1973 heralded a new era of increased exchange rate volatility. Inevitably, firms’ exposure to foreign exchange rate risks increased.
openaire +1 more source
Stock prices, exchange rate and interest rate: evidence beyond symmetry
Journal of Financial Economic Policy, 2017PurposeThis paper aims to examine the dynamic interactions between monetary and financial variables in the Indian context.Design/methodology/approachIn this paper, the authors have applied a recently developed asymmetric autoregressive distributed lag (ARDL) model by Shinet al.(2014), for detecting nonlinearities focusing on the long-run and short-run ...
Taufeeq Ajaz +3 more
openaire +1 more source
Exchange rate volatility and the stability of stock prices
International Review of Economics & Finance, 2015This paper examines how exchange-rate volatility affects the volatility of stock prices. To account for the possibility that exchange-rate volatility and stock price volatility are endogenously determined by the structure of the market on which the stock is traded, we examine the volatility of American Depositary Receipts (ADRs) while conditioning on ...
openaire +1 more source
Impact of Exchange Rate on Stock Market
2015The exchange rate and stock market are the two fundamental financial markets in the world. These two markets are playing key role in an international business all over the world. It is necessary to understand the relationship between the both markets so that the investors may be able to invest in a better way by taking the minimum risk.
SURİANİ, Seri +3 more
openaire +1 more source
Exchange Rate, Interest Rates, and Stock Market Cointegration
Proceedings of the 2023 14th International Conference on E-business, Management and Economics, 2023openaire +1 more source
Global Economy Journal, 2015
There is twofold contribution in this paper. First, by using monthly data for 16 industrialized countries for the period 1973–2011 we find evidence of time-varying cointegration relationship between effective exchange rates and national stock market indices. Second, we present that the cointegration relationship affects exchange rate exposure.
openaire +1 more source
There is twofold contribution in this paper. First, by using monthly data for 16 industrialized countries for the period 1973–2011 we find evidence of time-varying cointegration relationship between effective exchange rates and national stock market indices. Second, we present that the cointegration relationship affects exchange rate exposure.
openaire +1 more source