Identifying the interdependence between South Africa's monetary policy and the stock market
This study estimates the interdependence between South Africa‟s monetary policy and stock market performance, utilising structural vector autoregression (SVAR) methodology. The study finds that a stock price shock which decrease stock prices by 100 basis points leads to 5 basis points decrease in in...
| Main Author: | |
|---|---|
| Format: | Others |
| Language: | English |
| Published: |
Rhodes University
2011
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/10962/d1002716 |