Association Between Stock Market Liquidity and Some Selected on Indian Stock Market Macroeconomic Variables : A Case Study
AbstractThis paper attempts to empirically study the relationship between Index of Industrial Production, Consumer Price Index, Exchange Rate of Indian Rupee against the US Dollar, Gold price and Money Supply with the Stock Market Liquidity. Using two widely used proxies to liquidity that is Turnover Ratio and Amivest Liquidity Ratio and applying long-run static model and Error Correction Model, the paper establishes significant relationship between Stock Market Liquidity and the selected macroeconomic variables. Moreover, the joint positive effect of macroeconomic variables has also been established with the help of the Principal Component Analysis.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by IUP Publications in its journal The IUP Journal of Financial Economics.
Volume (Year): VI (2008)
Issue (Month): 3 (September)
Contact details of provider:
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (G R K Murty).
If references are entirely missing, you can add them using this form.