The associations between stock prices, inflation rates, interest rates are still persistent: Empirical evidence from stock duration model
Purpose - This paper aims to examine the effect of both inflation rate and interest rate on stock prices using quarterly data on non-financial firms listed in DJIA30 and NASDAQ100 for the period 1999-2016. The stock duration model is used to measure the sensitivity in variations in inflation rates a...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Emerald Publishing
2020-06-01
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| Series: | Journal of Economics Finance and Administrative Science |
| Subjects: | |
| Online Access: | https://www.emerald.com/insight/content/doi/10.1108/JEFAS-10-2018-0105/full/pdf?title=the-associations-between-stock-prices-inflation-rates-interest-rates-are-still-persistent-empirical-evidence-from-stock-duration-model |