The Impact of Price and Exchange Rate Fluctuations on Stock Price Index in Tehran Stock Market: Using a Vector Auto-Regression Method

Exchange rate and inflation rate consistently affect stock price and the return on stocks. Since such effects could impact income distribution, it is important to study such issue carefully. In this paper an attempt is made to study the impact of exchange rate and inflation rate on the real returns...

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Bibliographic Details
Published in:پژوهشهای اقتصادی
Main Authors: Majid Aghaei, Mohammad Rezaeepour
Format: Article
Language:Persian
Published: Tarbiat Modares University 2009-04-01
Subjects:
Online Access:http://ecor.modares.ac.ir/article-18-6132-en.pdf