Macroeconomic, Commodity and Real Estate Determinants of China Stock Market Volatility

In this study, the volatility of macroeconomic, commodity price and property price are examined to determine whether they can explain the stock market volatility in China using monthly data from 1999 to 2010. Our empirical results indicate that the volatility of exchange rates, gold prices, and prop...

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Main Author: Low, Jze Tieng
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2011
Online Access:https://eprints.nottingham.ac.uk/25493/
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author Low, Jze Tieng
author_facet Low, Jze Tieng
author_sort Low, Jze Tieng
building Nottingham Research Data Repository
collection Online Access
description In this study, the volatility of macroeconomic, commodity price and property price are examined to determine whether they can explain the stock market volatility in China using monthly data from 1999 to 2010. Our empirical results indicate that the volatility of exchange rates, gold prices, and property price as key determinants of China stock market volatility. Nevertheless, the empirical results show weak evidence for the impact of output and crude oil price volatilities on the China stock market. The findings suggest that stabilizing policy is needed for exchange rates, real estate market, and gold trading so as to avoid stock market instability in China.
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format Dissertation (University of Nottingham only)
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institution University of Nottingham Malaysia Campus
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language English
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publishDate 2011
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spelling nottingham-254932022-09-08T07:54:08Z https://eprints.nottingham.ac.uk/25493/ Macroeconomic, Commodity and Real Estate Determinants of China Stock Market Volatility Low, Jze Tieng In this study, the volatility of macroeconomic, commodity price and property price are examined to determine whether they can explain the stock market volatility in China using monthly data from 1999 to 2010. Our empirical results indicate that the volatility of exchange rates, gold prices, and property price as key determinants of China stock market volatility. Nevertheless, the empirical results show weak evidence for the impact of output and crude oil price volatilities on the China stock market. The findings suggest that stabilizing policy is needed for exchange rates, real estate market, and gold trading so as to avoid stock market instability in China. 2011 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/25493/1/LowJzeTieng.pdf Low, Jze Tieng (2011) Macroeconomic, Commodity and Real Estate Determinants of China Stock Market Volatility. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Low, Jze Tieng
Macroeconomic, Commodity and Real Estate Determinants of China Stock Market Volatility
title Macroeconomic, Commodity and Real Estate Determinants of China Stock Market Volatility
title_full Macroeconomic, Commodity and Real Estate Determinants of China Stock Market Volatility
title_fullStr Macroeconomic, Commodity and Real Estate Determinants of China Stock Market Volatility
title_full_unstemmed Macroeconomic, Commodity and Real Estate Determinants of China Stock Market Volatility
title_short Macroeconomic, Commodity and Real Estate Determinants of China Stock Market Volatility
title_sort macroeconomic, commodity and real estate determinants of china stock market volatility
url https://eprints.nottingham.ac.uk/25493/