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Research of inflation rate and its determinants: An analysis of GSK corporation in United States

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  • meiyi, chen

Abstract

With the rapid development of technology and the economy, more and more companies realized that the macroeconomic factors are quite important in terms of the big changes of them might carry the systematic risks to the whole system. For example, the subprime crisis happened in the United States in 2007 and eventually caused the financial crisis to the whole world. Therefore, this paper will choose the GSK corporation as the sample and analyze the inflation risk and the determinants of it. During this paper, the author used the inflation rate as dependent variables and ROA, ROE, corporate governance index, Tobin’s Q, Altman-Z score, GDP growth rate and the unemployment rate as the independent variables in order to find the relationship among these variables.

Suggested Citation

  • meiyi, chen, 2019. "Research of inflation rate and its determinants: An analysis of GSK corporation in United States," MPRA Paper 93779, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:93779
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    File URL: https://mpra.ub.uni-muenchen.de/93779/1/MPRA_paper_93779.pdf
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    References listed on IDEAS

    as
    1. Wernerfelt, Birger & Montgomery, Cynthia A, 1988. "Tobin's q and the Importance of Focus in Firm Performance," American Economic Review, American Economic Association, vol. 78(1), pages 246-250, March.
    2. Bhagat, Sanjai & Bolton, Brian, 2008. "Corporate governance and firm performance," Journal of Corporate Finance, Elsevier, vol. 14(3), pages 257-273, June.
    3. Sims, Christopher A, 1980. "Macroeconomics and Reality," Econometrica, Econometric Society, vol. 48(1), pages 1-48, January.
    4. Oja, Hannu, 1983. "Descriptive statistics for multivariate distributions," Statistics & Probability Letters, Elsevier, vol. 1(6), pages 327-332, October.
    5. Olivier Jean Blanchard & Stanley Fischer, 1989. "Lectures on Macroeconomics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262022834, December.
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    Cited by:

    1. Wong, Zoey Jia Rou & Tang, Tuck Cheong, 2020. "Credit Card Usage and Inflation: A Case Study of a Small Open Economy," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 54(1), pages 19-32.

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    More about this item

    Keywords

    Inflation; GDP; Unemployment Rate;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles

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