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Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/31729
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dc.contributor.authorHumpe, Andreasen_UK
dc.contributor.authorMcMillan, David Gen_UK
dc.date.accessioned2020-09-24T00:05:52Z-
dc.date.available2020-09-24T00:05:52Z-
dc.date.issued2020en_UK
dc.identifier.other1816257en_UK
dc.identifier.urihttp://hdl.handle.net/1893/31729-
dc.description.abstractBased on the present value model for stock prices, we utilise a pooled mean group estimator for panel ARDL cointegration to estimate the long-run relationship between G7 stock prices and macroeconomic variables over the last 40 years. We find a positive long-run relation between stock prices, industrial production and consumer prices as well as a negative relationship with real 10-year interest rates.en_UK
dc.language.isoenen_UK
dc.publisherTaylor & Francisen_UK
dc.relationHumpe A & McMillan DG (2020) Macroeconomic variables and long-term stock market performance. A panel ARDL cointegration approach for G7 countries. Cogent Economics and Finance, 8, Art. No.: 1816257. https://doi.org/10.1080/23322039.2020.1816257en_UK
dc.rights© 2020 The Author(s). This open access article is distributed under a Creative Commons Attribution (CC-BY - https://creativecommons.org/licenses/by/4.0/) 4.0 license. You are free to: Share — copy and redistribute the material in any medium or format. Adapt — remix, transform, and build upon the material for any purpose, even commercially. The licensor cannot revoke these freedoms as long as you follow the license terms. Under the following terms: Attribution — You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use. No additional restrictions You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.en_UK
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/en_UK
dc.subjectcointegrationen_UK
dc.subjectstock marketen_UK
dc.subjectmacroeconomyen_UK
dc.subjectG12en_UK
dc.subjectG7en_UK
dc.subjectC32en_UK
dc.subjectE44en_UK
dc.titleMacroeconomic variables and long-term stock market performance. A panel ARDL cointegration approach for G7 countriesen_UK
dc.typeJournal Articleen_UK
dc.identifier.doi10.1080/23322039.2020.1816257en_UK
dc.citation.jtitleCogent Economics and Financeen_UK
dc.citation.issn2332-2039en_UK
dc.citation.issn2332-2039en_UK
dc.citation.volume8en_UK
dc.citation.publicationstatusPublisheden_UK
dc.citation.peerreviewedRefereeden_UK
dc.type.statusVoR - Version of Recorden_UK
dc.citation.date07/09/2020en_UK
dc.contributor.affiliationMunich University of Applied Scienceen_UK
dc.contributor.affiliationAccounting & Financeen_UK
dc.identifier.isiWOS:000566647600001en_UK
dc.identifier.scopusid2-s2.0-85090367108en_UK
dc.identifier.wtid1664116en_UK
dc.contributor.orcid0000-0002-5891-4193en_UK
dc.date.accepted2020-08-24en_UK
dcterms.dateAccepted2020-08-24en_UK
dc.date.filedepositdate2020-09-23en_UK
rioxxterms.apcnot requireden_UK
rioxxterms.typeJournal Article/Reviewen_UK
rioxxterms.versionVoRen_UK
local.rioxx.authorHumpe, Andreas|en_UK
local.rioxx.authorMcMillan, David G|0000-0002-5891-4193en_UK
local.rioxx.projectInternal Project|University of Stirling|https://isni.org/isni/0000000122484331en_UK
local.rioxx.freetoreaddate2020-09-23en_UK
local.rioxx.licencehttp://creativecommons.org/licenses/by/4.0/|2020-09-23|en_UK
local.rioxx.filename23322039.2020.1816257.pdfen_UK
local.rioxx.filecount1en_UK
local.rioxx.source2332-2039en_UK
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