Macroeconomic News and Stock Returns in the United States and Germany /
Using daily data for the January 1997 to June 2002 period, we analyze the impact of a broad set of macroeconomic news on stock prices in the United States and Germany. With GARCH specifications we test five hypotheses and find that news on real economic activity has a significant impact on stock pri...
| প্রধান লেখক: | |
|---|---|
| অন্যান্য লেখক: | |
| বিন্যাস: | পত্রিকা |
| ভাষা: | English |
| প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
2002.
|
| মালা: | IMF Working Papers; Working Paper ;
No. 2002/239 |
| অনলাইন ব্যবহার করুন: | Full text available on IMF |