Phân tích tư tưởng của nhân dân qua đoạn thơ: Những người vợ nhớ chồng… Những cuộc đời đã hóa sông núi ta trong Đất nước của Nguyễn Khoa Điềm
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The relationship between macroeconomic variables and stock market returns
is, by now, well-documented in the literature. However, a void in the literature
relates to examining the cointegration between macroeconomic variables and
stock market’s sector indices rather than the composite index. Thus in this
paper we examine the long-term equilibrium relationships between selected
macroeconomic variables and the Singapore stock market index (STI), as well
as with various Singapore Exchange Sector indices—the finance index, the
property index, and the hotel index. The study concludes that the Singapore’s
stock market and the property index form cointegrating relationship with
changes in the short...
Nội dung trích xuất từ tài liệu:
Entropy and Predictability of Stock Market Returns¤
