Investigating The Effects of Micro and Monetary Macro Variables on Stock Price Index of Twelve Active Group Firms in The Stock Market Using Dynamic Panel Data

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

VARAHRAMI VIDA; Abbasgholi Nezhad Asbaghi Rana

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: IRANIAN JOURNAL OF APPLIED ECONOMICS Year:2019 | Volume:8 | Issue:27 Page(s): 13-26

Download Full-Text

Persian Verion

View:

682

Download:

Cites:

Information Journal Paper

Title

Investigating The Effects of Micro and Monetary Macro Variables on Stock Price Index of Twelve Active Group Firms in The Stock Market Using Dynamic Panel Data

Author(s)

VARAHRAMI VIDA | Abbasgholi Nezhad Asbaghi Rana | Issue Writer Certificate

Keywords

Stock Price IndexQ2

Exchange RateQ2

Dynamic PanelQ2

Liquidity Stock IndexQ1

Abstract

Ordinary, to survey efficiency of stock exchange market, Stock Price Index is so important. Therefore finance analyzers reveal that identification effective factors on Stock Price Index and analysis of Stock Price Index according to these factors are caused to improvement of capital market prosperity. This paper surveyed effects of micro(inside the company) and monetary macro variables on Stock Price Index of 12 active group firms of Tehran exchange market with Dynamic Panel method at 2010-2017. Estimation results reveal that the effects of profit forecasting and liquidity index are positive on Stock Price Index. Also, the Effects of monetary macroeconomic variables such as growth of liquidity and Exchange Rate on the Stock Price Index are positive. While the effect of the Banking interest rate on the Stock Price Index is negative. Coefficient of lag of dependent variable is positive and ravels that the Stock Price Index is dependent to its lag.

Cites

No record.

References

No record.

Cite

APA: Copy

VARAHRAMI, VIDA, & Abbasgholi Nezhad Asbaghi, Rana. (2019). Investigating The Effects of Micro and Monetary Macro Variables on Stock Price Index of Twelve Active Group Firms in The Stock Market Using Dynamic Panel Data. IRANIAN JOURNAL OF APPLIED ECONOMICS, 8(27 ), 13-26. SID. https://sid.ir/paper/202027/en

Vancouver: Copy

VARAHRAMI VIDA, Abbasgholi Nezhad Asbaghi Rana. Investigating The Effects of Micro and Monetary Macro Variables on Stock Price Index of Twelve Active Group Firms in The Stock Market Using Dynamic Panel Data. IRANIAN JOURNAL OF APPLIED ECONOMICS[Internet]. 2019;8(27 ):13-26. Available from: https://sid.ir/paper/202027/en

IEEE: Copy

VIDA VARAHRAMI, and Rana Abbasgholi Nezhad Asbaghi, “Investigating The Effects of Micro and Monetary Macro Variables on Stock Price Index of Twelve Active Group Firms in The Stock Market Using Dynamic Panel Data,” IRANIAN JOURNAL OF APPLIED ECONOMICS, vol. 8, no. 27 , pp. 13–26, 2019, [Online]. Available: https://sid.ir/paper/202027/en

Related Journal Papers