How oil price, gold price and exchange rate influence on the stock of ASEAN five countries：Application of nonlinear model
碩士 === 國立高雄應用科技大學 === 國際企業系 === 99 === The economic and trade interaction increased with the alliance of the southeastern Asian nations (ASEAN). In the future, the economic development of ASEAN countries will influence Taiwan’s trade and investment in the ASEAN countries. In this paper, we use time...
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| Format: | Others |
| Language: | zh-TW |
| Published: |
2011
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| Online Access: | http://ndltd.ncl.edu.tw/handle/38813224202844609714 |
| Summary: | 碩士 === 國立高雄應用科技大學 === 國際企業系 === 99 === The economic and trade interaction increased with the alliance of the southeastern Asian nations (ASEAN). In the future, the economic development of ASEAN countries will influence Taiwan’s trade and investment in the ASEAN countries. In this paper, we use time series analysis and nonlinear models to find out that how exchange rate, oil price and gold price affect the stock markets in ASEAN countries and the threshold model, proposed by Hansen and Seo (2002), is used to detect the nonlinear relationships among the variables. The result of this study offers suggestions for future investment.
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