Exchange rates and stock markets
| Fathi, Adam | ||
| Staf, Christian | ||
| University of Gothenburg/Department of Economics | eng | |
| Göteborgs universitet/Institutionen för nationalekonomi med statistik | swe | |
| 2013-07-04T07:21:12Z | ||
| 2013-07-04T07:21:12Z | ||
| 2013-07-04 | ||
| The study employs a vector error correction model, cointegration analysis and Granger causality test to examine the short- and long-run dynamic relationship between the USD/SEK exchange rate and the OMXS30. In the short-run we found statistical evidence of OMXS30 granger causing the USD/SEK currency exchange rate positively but no statistical evidence that the USD/SEK exchange rate granger cause OMXS30. In the long-run we found statistically significant evidence of the USD/SEK exchange rate and OMXS30 being cointegrated. The effect of a shock to the USD/SEK currency exchange has a long-run positive effect on the OMXS30. While the effect of a shock to the OMXS30 has a long-run negative effect on the USD/SEK exchange rate. | sv | |
| http://hdl.handle.net/2077/33387 | ||
| eng | sv | |
| 201307:041 | sv | |
| Uppsats | sv | |
| SocialBehaviourLaw | ||
| Exchange rates and stock markets | sv | |
| Exchange rates and stock markets | sv | |
| text | ||
| Student essay | ||
| H1 |