Exchange rates and stock markets

dc.contributor.author	Fathi, Adam
dc.contributor.author	Staf, Christian
dc.date.accessioned	2013-07-04T07:21:12Z
dc.date.available	2013-07-04T07:21:12Z
dc.date.issued	2013-07-04
dc.identifier.uri	http://hdl.handle.net/2077/33387
dc.description.abstract	The study employs a vector error correction model, cointegration analysis and Granger causality test to examine the short- and long-run dynamic relationship between the USD/SEK exchange rate and the OMXS30. In the short-run we found statistical evidence of OMXS30 granger causing the USD/SEK currency exchange rate positively but no statistical evidence that the USD/SEK exchange rate granger cause OMXS30. In the long-run we found statistically significant evidence of the USD/SEK exchange rate and OMXS30 being cointegrated. The effect of a shock to the USD/SEK currency exchange has a long-run positive effect on the OMXS30. While the effect of a shock to the OMXS30 has a long-run negative effect on the USD/SEK exchange rate.	sv
dc.language.iso	eng	sv
dc.relation.ispartofseries	201307:041	sv
dc.relation.ispartofseries	Uppsats	sv
dc.title	Exchange rates and stock markets	sv
dc.title.alternative	Exchange rates and stock markets	sv
dc.type	text
dc.setspec.uppsok	SocialBehaviourLaw
dc.type.uppsok	H1
dc.contributor.department	University of Gothenburg/Department of Economics	eng
dc.contributor.department	Göteborgs universitet/Institutionen för nationalekonomi med statistik	swe
dc.type.degree	Student essay