Foresti, Pasquale (2006): Testing for Granger causality between stock prices and economic growth. Unpublished.
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This paper has focused on the relationship between stock market prices and growth. A Granger-causality analysis has been carried out in order to assess whether there is any potential predictability power of one indicator for the other. The conclusion that can be drawn is that stock market prices can be used in order to predict growth, but the opposite it is not true.
| Item Type: | MPRA Paper |
|---|---|
| Language: | English |
| Subjects: | C - Mathematical and Quantitative Methods > C2 - Econometric Methods: Single Equation Models; Single Variables > C22 - Time-Series Models; Dynamic Quantile Regressions E - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles > E37 - Forecasting and Simulation |
| ID Code: | 2962 |
| Deposited By: | Pasquale Foresti |
| Deposited On: | 26. Apr 2007 |
| Last Modified: | 07. Nov 2007 02:51 |
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