Srock Prices, Inflation, and Output : Evidence from the Emerging Markets (Record no. 26053)
[ view plain ]
000 -LEADER | |
---|---|
fixed length control field | 01647pab a2200205 454500 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
fixed length control field | 140923b0 xxu||||| |||| 00| 0 eng d |
040 ## - CATALOGING SOURCE | |
Transcribing agency | Welingkar Institute of Management Development & Research, Mumbai |
Original cataloging agency | Welingkar Institute of Management Development & Research, Mumbai |
041 ## - LANGUAGE CODE | |
Language code of text/sound track or separate title | ENG |
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER | |
Classification number | |
Item number | Al- |
100 ## - MAIN ENTRY--PERSONAL NAME | |
Personal name | Al-Khazali Osamah M |
245 ## - TITLE STATEMENT | |
Title | Srock Prices, Inflation, and Output : Evidence from the Emerging Markets |
250 ## - EDITION STATEMENT | |
Edition statement | 3 |
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
Place of publication, distribution, etc. | |
Name of publisher, distributor, etc. | Sept - Dec ,2003 |
Date of publication, distribution, etc. | 0 |
300 ## - PHYSICAL DESCRIPTION | |
Extent | 287--314 Pp. |
490 ## - SERIES STATEMENT | |
Volume/sequential designation | 2 |
520 ## - SUMMARY, ETC. | |
Summary, etc. | This article examines the short and long-term relationships between stock prices, inflation, and output in 21 emerging capital markets. It also investigates whether the proxy hypothesis can explain the puzzling negative relation between stock returns and inflation. The study shows that in the short run the negative relationship between stock returns and inflation still persist for all countries except Malaysia, even after the effects of expected economic activity and inflation variability have been explicitly incorporated. Furthermore, the results of the generalized autoregressive conditional heteroscedastic (GARCH) model are consistent with the OLS results. These results reject the proxy-effect hypothesis in the short run. However, in the long run, cointegration tests verify a long-run equilibrium between stock prices, consumer price index, and the real economic activity. The findings support the fisher effect and the proxy hypotheses in the long run only. |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Stock Prizes, Inflation |
856 ## - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="http://192.168.6.13/libsuite/mm_files/Articles/AR6109.pdf">http://192.168.6.13/libsuite/mm_files/Articles/AR6109.pdf</a> |
906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) | |
a | 17749 |
Withdrawn status | Lost status | Damaged status | Not for loan | Home library | Current library | Date acquired | Cost, normal purchase price | Total Checkouts | Full call number | Barcode | Date last seen | Cost, replacement price | Price effective from | Koha item type |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Main Library | Main Library | 09/01/2004 | 0.00 | Al- | AR6109 | 23/09/2014 | 0.00 | 23/09/2014 | Articles |