INTERRELATIONSHIP AMONG MACROECONOMIC VARIABLES AND THE VALUE OF STOCK MARKET IN TEHRAN STOCK EXCHANGE DURING 1994-2005

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.

VAEZ BARZANI MOHAMMAD; DALALI ESFAHANI RAHIM; SAMADI SAEED; FAALJOU HAMID REZA

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

Journal Paper

Paper Information

Journal: ECONOMIC RESEARCH REVIEW Year:2009 | Volume:- | Issue:5 (SUPPLEMENT) Page(s): 31-50

Download Full-Text

Persian Verion

View:

1,607

Download:

Cites:

Information Journal Paper

Title

INTERRELATIONSHIP AMONG MACROECONOMIC VARIABLES AND THE VALUE OF STOCK MARKET IN TEHRAN STOCK EXCHANGE DURING 1994-2005

Author(s)

VAEZ BARZANI MOHAMMAD | DALALI ESFAHANI RAHIM | SAMADI SAEED | FAALJOU HAMID REZA | Issue Writer Certificate

Keywords

Not Registered.

Abstract

According to the economists, low level of investment is one of the main hinders of development in the developing and under-developed countries. The role of the stock market as the main routes to collect saving is undeniable. For this reason, we would like to study the main factors affecting the stock market.Then, by choosing the optimal policies it is possible to stimulate the stock market in the right direction. This paper tries to study the long-run and short-run relationship between the macroeconomic variable (the control variable of the government) like exchange rate, government expenditure, money stock and tax with market value of the stocks by using VAR and ECM models.The result shows that there is a positive correlation between money stock and the value of stocks.This positive relation continues to hold between value of stocks and the government expenditure. While there is a negative relationship between tax and the market value of stocks. This negative relationship continues to hold between exchange rate and the value of stocks. We conclude that the empirical results confirms the theoretical predictions.

Cites

References

Cite

APA: Copy

VAEZ BARZANI, MOHAMMAD, DALALI ESFAHANI, RAHIM, SAMADI, SAEED, & FAALJOU, HAMID REZA. (2009). INTERRELATIONSHIP AMONG MACROECONOMIC VARIABLES AND THE VALUE OF STOCK MARKET IN TEHRAN STOCK EXCHANGE DURING 1994-2005. ECONOMIC RESEARCH REVIEW, -(5 (SUPPLEMENT)), 31-50. SID. https://sid.ir/paper/66996/en

Vancouver: Copy

VAEZ BARZANI MOHAMMAD, DALALI ESFAHANI RAHIM, SAMADI SAEED, FAALJOU HAMID REZA. INTERRELATIONSHIP AMONG MACROECONOMIC VARIABLES AND THE VALUE OF STOCK MARKET IN TEHRAN STOCK EXCHANGE DURING 1994-2005. ECONOMIC RESEARCH REVIEW[Internet]. 2009;-(5 (SUPPLEMENT)):31-50. Available from: https://sid.ir/paper/66996/en

IEEE: Copy

MOHAMMAD VAEZ BARZANI, RAHIM DALALI ESFAHANI, SAEED SAMADI, and HAMID REZA FAALJOU, “INTERRELATIONSHIP AMONG MACROECONOMIC VARIABLES AND THE VALUE OF STOCK MARKET IN TEHRAN STOCK EXCHANGE DURING 1994-2005,” ECONOMIC RESEARCH REVIEW, vol. -, no. 5 (SUPPLEMENT), pp. 31–50, 2009, [Online]. Available: https://sid.ir/paper/66996/en

Related Journal Papers