Granger Causality between Stock Market and Macroeconomic Indicators: Evidence from Germany
The aim of this paper is to investigate informational efficiency of the stock market in Germany. Granger causality between the stock market and the selected macroeconomic variables is investigated by bivariate analysis using Toda-Yamamoto (1995) approach. This study focuses on monthly data from Janu...
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| Format: | Artikel |
| Sprache: | English |
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Mendel University Press
2016-01-01
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| Schriftenreihe: | Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis |
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| Online Zugang: | https://acta.mendelu.cz/64/6/2101/ |