THE EFFECT OF MACROECONOMIC VARIABLES ON TOTAL EFFICIENCY OF THE SECURITIES MARKET APPROACH USING STATE - SPACE

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.

HORTAMANI A.; KARIMKHANI M.; ABDOLI M.

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

Journal Paper

Paper Information

Journal: Journal Of Development Economics and Planning Year:2015 | Volume:4 | Issue:1 Page(s): 0-0

Download Full-Text

Persian Verion

View:

1,204

Download:

Cites:

Information Journal Paper

Title

THE EFFECT OF MACROECONOMIC VARIABLES ON TOTAL EFFICIENCY OF THE SECURITIES MARKET APPROACH USING STATE - SPACE

Author(s)

HORTAMANI A. | KARIMKHANI M. | ABDOLI M. | Issue Writer Certificate

Keywords

MACROECONOMIC VARIABLESQ2

THE TOTAL RETURN INDEXQ2

STATE- SPACEQ2

ARBITRAGE PRICING THEORYQ2

Abstract

One of the important issues of Economic and financial researchers are the issue of the effect of economic variables on stock market performance. Because investors have different combinations of cash in their portfolios of financial assets, Shares, bank deposits, bonds, Gold and currency are Maintain Changes in monetary, exchange rate, inflation and interest rates, Individuals, demand is affected to hold each of assets including demand for the stock. This in turn affects the equities. It is believed that the price of the stock by some fundamental economic variables such a Inflation rate, exchange rate, interest rate and liquidity, are determined. In this study, the effects of three important economic variables, such as inflation, money supply, exchange rate returns on the market index is investigated. Period of time between contract research (2007-2012) and using a state - space have been analyzed. State-space model is a useful tool for dynamic system state variables are unobserved the results of the econometric models used to study space - the show. There is no Significant and positive relationship between inflation and the liquidity and efficiency of the stock exchange. Also there is significant negative correlation between the rate of return on the stock exchange there.

Cites

No record.

References

No record.

Cite

APA: Copy

HORTAMANI, A., KARIMKHANI, M., & ABDOLI, M.. (2015). THE EFFECT OF MACROECONOMIC VARIABLES ON TOTAL EFFICIENCY OF THE SECURITIES MARKET APPROACH USING STATE - SPACE. JOURNAL OF DEVELOPMENT ECONOMICS AND PLANNING, 4(1 ), 0-0. SID. https://sid.ir/paper/391901/en

Vancouver: Copy

HORTAMANI A., KARIMKHANI M., ABDOLI M.. THE EFFECT OF MACROECONOMIC VARIABLES ON TOTAL EFFICIENCY OF THE SECURITIES MARKET APPROACH USING STATE - SPACE. JOURNAL OF DEVELOPMENT ECONOMICS AND PLANNING[Internet]. 2015;4(1 ):0-0. Available from: https://sid.ir/paper/391901/en

IEEE: Copy

A. HORTAMANI, M. KARIMKHANI, and M. ABDOLI, “THE EFFECT OF MACROECONOMIC VARIABLES ON TOTAL EFFICIENCY OF THE SECURITIES MARKET APPROACH USING STATE - SPACE,” JOURNAL OF DEVELOPMENT ECONOMICS AND PLANNING, vol. 4, no. 1 , pp. 0–0, 2015, [Online]. Available: https://sid.ir/paper/391901/en

Related Journal Papers