Shop

How Inflation and Interest Rates Affect Stock Returns of Concentrated Companies and Competitive Companies in the United Kingdom

eBook (PDF), 83 Pages
This item has not been rated yet
Price: $127.00
This study presents an attempt to examine the relationship that exists between inflation, interest rate, stock price and stock returns for two stocks listed on the London Stock Exchange using time-series data and Granger causality tests. Five-year monthly historical data from January 2005 to the present used for the study is analysed using Stata, which has the built-in commands to perform the required time-series analysis. One of the selected stocks, the stock for British Telecom, represents a concentrated company while the other stock, that of Aberdeen Asset Management, represents a competitive company. Results of the analysis suggest that for the United Kingdom market, inflation and interest rate present a significant Granger relationship. However, because published literature on the impact of macroeconomic variables on the stock market presents conflicting evidence, previous studies both corroborate and refute the results of this study.
Available in PDF Format

Ratings & Reviews

Log in to review this item
There are no reviews for the current version of this product
Refreshing...
There are no reviews for previous versions of this product
Refreshing...

Product Details

Edition
First Edition
Publisher
Farrukh Khan
Published
October 1, 2011
Language
English
Pages
83
File Format
PDF
File Size
1.54 MB

Formats for this Ebook

PDF
Required Software Any PDF Reader, Apple Preview
Supported Devices Windows PC/PocketPC, Mac OS, Linux OS, Apple iPhone/iPod Touch... (See More)
# of Devices Unlimited
Flowing Text / Pages Pages
Printable? Yes
Report This Content to Lulu >

Moderation of Questionable Content

Thank you for your interest in helping us moderate questionable content on Lulu. If you need assistance with an order or the publishing process, please contact our support team directly.

How does this content violate the Lulu Membership Agreement?

Keywords

Listed In

More From Farrukh Khan