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https://dspace.ctu.edu.vn/jspui/handle/123456789/5054
Title: | Impact of Macroeconomic Factors on Share Price Index in Vietnam’s Stock Market |
Authors: | Vương, Quốc Duy Lê, Long Hậu |
Keywords: | Macroeconomic factors Vietnam’s stock market VECM |
Issue Date: | 2017 |
Series/Report no.: | The international Journal of Engineering and Science;6 .- p.52-59 |
Abstract: | This paper investigates the macroeconomic determinants of share price in the stock market of Vietnam. The investigation was conducted by using a VECM econometric methodology and revealed thatVietnam’s stock market prices are chiefly determined by economic activities: market price index, inflation, money supply and exchange rate. An increase in market price index and money supply makes share price, while the increase of inflation (CPI) and exchange rate reduces share price. The study’s result showed that Vietnam’s stock market can be replaced by investors of foreign currency (USD), while the exchange rate tends to rise. |
URI: | http://localhost:8080//jspui/handle/123456789/5054 |
ISSN: | 2319–1813 |
Appears in Collections: | Tạp chí quốc tế |
Files in This Item:
File | Description | Size | Format | |
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_file_ | 342.75 kB | Adobe PDF | View/Open | |
Your IP: 3.21.12.41 |
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