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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Main Authors: Ali, Umar Ahmad, Abdullah, Adam, Sulong, Zunaidah, Ahmad, Tijjani Abdullahi
Format: Article
Language:English
Published: Human Resource Management Academic Research Society 2015
Subjects:
Online Access: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
id iium-44679
recordtype eprints
spelling 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
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HB Economic Theory
spellingShingle 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
first_indexed 2023-09-18T21:03:30Z
last_indexed 2023-09-18T21:03:30Z
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