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Author:Muradoglu, G.
Taskin, F.
Bigan, I.
Title:Causality between stock returns and macroeconomic variables in emerging markets
Journal:Russian and East European Finance and Trade
2000 : NOV-DEC, VOL. 36:6, p. 33-53
Index terms:Emerging markets
Stock returns
Macroeconomics
Monetary economics
Language:eng
Abstract:The results of the study shows that the two-way interaction between stock returns and macroeconomic variables is mainly due to the size of the stock markets, and their integration with the world markets, through various measures of financial liberalization.
SCIMA record nr: 220346
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