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Stock Market Prices and the Macroeconomics of Emerging Economies: the Case of India

Kamal P. Upadhyaya et al.

Dynamic Econometric Models2018https://doi.org/10.12775/dem.2018.002article
ABDC C
Weight
0.50

What the paper says

This paper investigates the relationship between stock market capitalization (stock prices) and selected macroeconomic variables in India. The empirical results suggest that, in the long run, output growth and exchange rate are positively related to stock prices, while money supply exhibits a negative relationship to stock market capitalization. In the short run most of the variation in the stock market is captured by its own innovation, although the exchange rate, the price level and the interest rate seem to have some effect on the short-run stock capitalization.

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https://doi.org/https://doi.org/10.12775/dem.2018.002

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@article{kamal2018,
  title        = {{Stock Market Prices and the Macroeconomics of Emerging Economies: the Case of India}},
  author       = {Kamal P. Upadhyaya et al.},
  journal      = {Dynamic Econometric Models},
  year         = {2018},
  doi          = {https://doi.org/https://doi.org/10.12775/dem.2018.002},
}

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Stock Market Prices and the Macroeconomics of Emerging Economies: the Case of India

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.39 × 0.4 = 0.16
M · momentum0.80 × 0.15 = 0.12
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.