Direction of Relationship between NASDAQ Stock Return and Inflation
A considerable literature exists that examines the relationship between stock market returns and a range of macroeconomic and financial variables over a number of different stock markets and time horizons. Chen, Roll and Ross (1986) have argued that stock returns should be affected by any factor tha...
| Main Author: | |
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2007
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| Online Access: | https://eprints.nottingham.ac.uk/21093/ |
| _version_ | 1848792185032409088 |
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| author | Surana, Vibha |
| author_facet | Surana, Vibha |
| author_sort | Surana, Vibha |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | A considerable literature exists that examines the relationship between stock market returns and a range of macroeconomic and financial variables over a number of different stock markets and time horizons. Chen, Roll and Ross (1986) have argued that stock returns should be affected by any factor that influences future cash flows or the discount rate of those cash flows.
Previous researchers have documented significant effects of inflation and interest rates on equity returns; few examples are Geske and Rol (1983), Fama (1981), Fama and Gibbons (1982). In my research I have also considered these two variables to determine the relation between inflation, interest rates and stock returns. Moreover, I have particularly focused on the direction of the relationship between stock return and inflation. |
| first_indexed | 2025-11-14T18:40:23Z |
| format | Dissertation (University of Nottingham only) |
| id | nottingham-21093 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T18:40:23Z |
| publishDate | 2007 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-210932018-05-22T05:38:36Z https://eprints.nottingham.ac.uk/21093/ Direction of Relationship between NASDAQ Stock Return and Inflation Surana, Vibha A considerable literature exists that examines the relationship between stock market returns and a range of macroeconomic and financial variables over a number of different stock markets and time horizons. Chen, Roll and Ross (1986) have argued that stock returns should be affected by any factor that influences future cash flows or the discount rate of those cash flows. Previous researchers have documented significant effects of inflation and interest rates on equity returns; few examples are Geske and Rol (1983), Fama (1981), Fama and Gibbons (1982). In my research I have also considered these two variables to determine the relation between inflation, interest rates and stock returns. Moreover, I have particularly focused on the direction of the relationship between stock return and inflation. 2007 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/21093/1/07MAlixvs12.pdf Surana, Vibha (2007) Direction of Relationship between NASDAQ Stock Return and Inflation. [Dissertation (University of Nottingham only)] (Unpublished) |
| spellingShingle | Surana, Vibha Direction of Relationship between NASDAQ Stock Return and Inflation |
| title | Direction of Relationship between NASDAQ Stock Return and Inflation |
| title_full | Direction of Relationship between NASDAQ Stock Return and Inflation |
| title_fullStr | Direction of Relationship between NASDAQ Stock Return and Inflation |
| title_full_unstemmed | Direction of Relationship between NASDAQ Stock Return and Inflation |
| title_short | Direction of Relationship between NASDAQ Stock Return and Inflation |
| title_sort | direction of relationship between nasdaq stock return and inflation |
| url | https://eprints.nottingham.ac.uk/21093/ |