The review of stock returns and macroeconomic variables
This study aims to review a number of studies on stock market returns and macroeconomic variables. The reviewed literature are categorised into three groups: literature related to developed countries, literature related to developing countries, and literature related to group countries. Moreover, th...
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iium-446792015-09-14T01:39:34Z http://irep.iium.edu.my/44679/ The review of stock returns and macroeconomic variables Ali, Umar Ahmad Abdullah, Adam Sulong, Zunaidah Ahmad, Tijjani Abdullahi HB Economic Theory This study aims to review a number of studies on stock market returns and macroeconomic variables. The reviewed literature are categorised into three groups: literature related to developed countries, literature related to developing countries, and literature related to group countries. Moreover, the various empirical studies reviewed show mixed results and conclusions. In some studies, strong positive relationships are found to exist between stock returns and macroeconomic fundamentals and in some the relationship is a bit weak. Other researches report different results. This mixture of findings and conclusions emanates from differences in methodology, variables used and the period of study. There is also disparity in study area that fundamentally affects the behaviour of the macroeconomic variables. Human Resource Management Academic Research Society 2015-05 Article PeerReviewed application/pdf en http://irep.iium.edu.my/44679/1/Umar%2C_15-05%2C_IJARBSS.pdf Ali, Umar Ahmad and Abdullah, Adam and Sulong, Zunaidah and Ahmad, Tijjani Abdullahi (2015) The review of stock returns and macroeconomic variables. International Journal of Academic Research in Business and Social Sciences, 5 (5). pp. 154-181. ISSN 2222-6990 http://hrmars.com/hrmars_papers/The_Review_of_Stock_Returns_and_Macroeconomic_Variables.pdf 10.6007/IJARBSS/v5-i5/1600 |
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topic |
HB Economic Theory |
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HB Economic Theory Ali, Umar Ahmad Abdullah, Adam Sulong, Zunaidah Ahmad, Tijjani Abdullahi The review of stock returns and macroeconomic variables |
description |
This study aims to review a number of studies on stock market returns and macroeconomic variables. The reviewed literature are categorised into three groups: literature related to developed countries, literature related to developing countries, and literature related to group countries. Moreover, the various empirical studies reviewed show mixed results and conclusions. In some studies, strong positive relationships are found to exist between stock returns and macroeconomic fundamentals and in some the relationship is a bit weak. Other researches report different results. This mixture of findings and conclusions emanates from differences in methodology, variables used and the period of study. There is also disparity in study area that fundamentally affects the behaviour of the macroeconomic variables. |
format |
Article |
author |
Ali, Umar Ahmad Abdullah, Adam Sulong, Zunaidah Ahmad, Tijjani Abdullahi |
author_facet |
Ali, Umar Ahmad Abdullah, Adam Sulong, Zunaidah Ahmad, Tijjani Abdullahi |
author_sort |
Ali, Umar Ahmad |
title |
The review of stock returns and macroeconomic variables |
title_short |
The review of stock returns and macroeconomic variables |
title_full |
The review of stock returns and macroeconomic variables |
title_fullStr |
The review of stock returns and macroeconomic variables |
title_full_unstemmed |
The review of stock returns and macroeconomic variables |
title_sort |
review of stock returns and macroeconomic variables |
publisher |
Human Resource Management Academic Research Society |
publishDate |
2015 |
url |
http://irep.iium.edu.my/44679/ http://irep.iium.edu.my/44679/ http://irep.iium.edu.my/44679/ http://irep.iium.edu.my/44679/1/Umar%2C_15-05%2C_IJARBSS.pdf |
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2023-09-18T21:03:30Z |
last_indexed |
2023-09-18T21:03:30Z |
_version_ |
1777410780220620800 |