Determinants of Stock Prices : A case study of NEPSE
- 발행기관 아주대학교
- 지도교수 Song,Kyun Young
- 발행년도 2010
- 제출일 2010-7-15
- 학위수여년월 2010. 8
- 학위명 석사
- 학과 국제대학원 국제경영학과
- 실제URI http://www.dcollection.net/handler/ajou/000000011157
- 본문언어 영어
- 저작권 아주대학교 논문은 저작권에 의해 보호받습니다.
초록/요약
The purpose of the study is to examine the relationship between the macroeconomic variables and the Nepalese stock market. The analysis is based on Ordinary least square method find the co？integration between the set of variables and the stock market. Granger？s causality test was applied to find the direction of causal relationship between the variables and the stock market. The set of variables include boarder money supply, Consumer Price Index, Risk free return ,Exchange rate and the dependent variable is NEPSE(Nepal Stock exchange).The results showed that the variables did have influence but were weak when differentiated at order one. Tags: NEPSE, macroeconomic variables, Cointregration
more목차
List of figures 3
List of tables 3
Chapter 1 Introduction 4
Chapter 2 Nepalese Stock Exchange 6
Chapter 3 Literature Review 14
Chapter 4 Economic Models and Variables 19
Chapter 5 Results 25
Chapter 6 Conclusions 33
