An Investigation of the Effect of Exchange Rate on the Pharmaceutical Industry Stock Return in Tehran Stock Exchange: An Application of the Markov Switching Approach

Nowadays, the pharmaceutical industry in terms of its relationship with public health and also the special economic value is considered one of the most important industries in the capital market. Therefore, improvement of the health sector has always been the main objective of the authorities in var...

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Bibliographic Details
Main Authors: Hasan Heidari, Yousef Mohammadzadeh, Arash Refah-Kahriz
Format: Article
Language:fas
Published: University of Isfahan 2018-06-01
Series:Journal of Asset Management and Financing
Subjects:
Online Access:https://amf.ui.ac.ir/article_21420_41711cd1344a9e1a17871a7f868ca83a.pdf