THE RELATIONSHIP BETWEEN MACROECONOMIC VARIABLES AND STOCK RETURNS IN THE TEHRAN STOCK EXCHANGE

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.

SAMADI SAEED; BAYANI OZRA

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

Journal Paper

Paper Information

Journal: Financial Economics Year:2011 | Volume:5 | Issue:16 Page(s): 91-111

Download Full-Text

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

Persian Verion

View:

1,542

Download:

Cites:

Information Journal Paper

Title

THE RELATIONSHIP BETWEEN MACROECONOMIC VARIABLES AND STOCK RETURNS IN THE TEHRAN STOCK EXCHANGE

Author(s)

SAMADI SAEED | BAYANI OZRA | Issue Writer Certificate

Keywords

INDEX OF STOCK RETURNSQ2

ARBITRAGE PRICING THEORYQ2

GENERALIZED AUTOREGRESSIVE CONDITIONAL HETEROSKEDASTICITYQ2

LEVERAGE EFFECTQ3

STOCK EXCHANGEQ2

Abstract

Relationship between stock returns and macroeconomic variables of interest to many researchers have been, But so far not reached a definitive conclusion about this relationship. This relationship varies from country to country due to the economic structure provides different results. In this study the impact of macroeconomic variables including exchange rates, world gold prices, inflation, liquidity and oil price on the stock returns index in Tehran STOCK EXCHANGE data is evaluated monthly over the period 1379 to 1389 by “GACH“ economic model. Results showed that the gold price, inflation and exchange rate variables influencing on the stock return and oil price and liquidity had no impact on the stock returns. The results indicate that there is a lever on Tehran stock market.

Cites

No record.

References

Cite

APA: Copy

SAMADI, SAEED, & BAYANI, OZRA. (2011). THE RELATIONSHIP BETWEEN MACROECONOMIC VARIABLES AND STOCK RETURNS IN THE TEHRAN STOCK EXCHANGE. JOURNAL OF FINANCIAL ECONOMICS (FINANCIAL ECONOMICS AND DEVELOPMENT), 5(16), 91-111. SID. https://sid.ir/paper/229108/en

Vancouver: Copy

SAMADI SAEED, BAYANI OZRA. THE RELATIONSHIP BETWEEN MACROECONOMIC VARIABLES AND STOCK RETURNS IN THE TEHRAN STOCK EXCHANGE. JOURNAL OF FINANCIAL ECONOMICS (FINANCIAL ECONOMICS AND DEVELOPMENT)[Internet]. 2011;5(16):91-111. Available from: https://sid.ir/paper/229108/en

IEEE: Copy

SAEED SAMADI, and OZRA BAYANI, “THE RELATIONSHIP BETWEEN MACROECONOMIC VARIABLES AND STOCK RETURNS IN THE TEHRAN STOCK EXCHANGE,” JOURNAL OF FINANCIAL ECONOMICS (FINANCIAL ECONOMICS AND DEVELOPMENT), vol. 5, no. 16, pp. 91–111, 2011, [Online]. Available: https://sid.ir/paper/229108/en

Related Journal Papers