American Trade Influence: Across Foreign Markets, Exports to the United States, Not Total Exports, Drive Stock Returns
This paper explores the relationship between lagged stock returns and export growth in a panel of worldwide markets. Previous studies have focused on analyzing the effect of future economic output growth on stock returns. This study finds that annualized changes in a foreign country’s exports to the...
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Format: | Others |
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Scholarship @ Claremont
2015
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Online Access: | http://scholarship.claremont.edu/cmc_theses/1207 http://scholarship.claremont.edu/cgi/viewcontent.cgi?article=2117&context=cmc_theses |