Reference: | Abdalla, I. S. A. and V. Murinde, 1997, “Exchange Rate and Stock Price Interactions in Emerging Financial Markets: Evidence on India, Korea, Pakistan, and Philippines.” Applied Financial Economics 7, 25–35. Aggarwal, R., 1981, “Exchange Rates and Stock Prices: A Study of U.S. Capital Market under Floating Exchange Rates,” Akron Business and Economic Review, 7–12. Ajayi, R. A. and M. Mougoue. 1996, “On the Dynamic Relation between Stock Prices and Exchange Rates,” Journal of Financial Research 19, 193–207. Baharom, A.H. and M.S. Habibullah and R.C., Royfaizal, 2008, "Pre and Post Crisis Analysis of Stock Price and Exchange Rate: Evidence from Malaysia," MPRA Paper 12445, University Library of Munich, Germany. Bahmani-Oskooee, M. and A. Sohrabian, 1992, “Stock Prices and the Effective Exchange Rate of the Dollar,” Applied Economics 24, 459–464. Bartov, E. and G. M. Bodnar, 1994, “Firm Valuation, Earnings Expectations, and The Exchange-Rate Exposure Effect,” Journal of Finance 49, 1755–1785. Branson, W. H., 1983, “Macroeconomic Determinants of Real Exchange Risk,” in Managing Foreign Exchange Risk, R. J. Herring ed., Cambridge: Cambridge University Press Cheung, Y. W. and K. S. Lai., 1993, “Finite Sample Sizes of Johansen’s Likelihood Ratio Tests for Cointegration,” Oxford Bulletin of Economics and Statistics 55: 3, 313–328. Donnelly, R. and E. Sheehy, 1996, “The share price reaction of U.K. exporters to exchange rate movements: An empirical study,” Journal of International Business Studies 27, 157−165. Dornbusch, R. and S. Fisher, 1980, "Exchange Rates and the Current Account," American Economic Review 70, 960-971. Franck, P. and A. Young, 1972, “Stock Price Reaction of Multinational Firms to Exchange Realignments,” Financial Management 1, 1972, 66–73. Frankel, J.A., 1983, "Monetary and Portfolio Balance Models of Exchange Rate Determination", in J.S. Bhandari and B. H. Putnam (eds) "Economic Interdependence and Flexible Exchange Rates," MIT Press, Cambridge, MA. Granger, C.W.J. and I. Newbold, 1974, “Spurious regressions in econometrics,” Journal of Econometrics 2, 111-120. Johansen, S., 1991, “Estimation and Hypothesis Testing of Cointegrating Vectors in Gaussian Vector Autoregressive Models,” Econometrica 59: (November), 1551– 1580. Johansen, S. and K. Juselius, 1990, “Maximum Likelihood Estimation and Inference on Cointegration with Application to the Demand for Money,” Oxford Bulletin of Economics and Statistics 52, 169–210. Ma, C. K. and G. W. Kao, 1990, “On Exchange Rate Changes and Stock Price Reactions,” Journal of Business Finance and Accounting, 17(3), 441-450. Muhammad, N. and A. Rasheed, 2003, “Stock Prices and Exchange Rates: Are they Related? Evidence from South Asian Countries”, Paper presented at the 18th Annual General Meeting and Conference of the Pakistan Society of Development Economists, January 2003. Pan, M.S., R.C.W. Fok and Y.A. Liu, 2007, “Dynamic Linkages between Exchange Rates and Stock Prices: Evidence from East Asian Markets”, International Review of Economics and Finance 16, 2007, 503-520. Phylakits, K. and Ravazzolo, F., 2000, “Stock Prices and Exchange Rate Dynamics,” Paper presented at the EFMA 2000 Meeting in Athens, May 2000. Rittenberg, L., 1993, “Exchange Rate Policy and Price Level Changes: Causality Tests for Turkey in the Post-Liberalisation Period”, the Journal of Development Studies 29:2, 321–332. Smith, C., 1992, “Stock Market and the Exchange Rate: A Multi-Country Approach,” Journal of Macroeconomics 14, 607–629. Soenen, L.A. and E.S. Hennigar, 1988, "An Analysis of Exchange Rates and Stock Prices - The US Experience between 1980 and 1986," Akron Business and Economic Review:(Winter), 7-16. Solnik, B., 1987, “Using Financial Prices to Test Exchange Rate Models: A Note,” Journal of Finance, 42(1), 141-149. Stavarek, D., 2004, “Stock Prices and Exchange Rates in the EU and the USA: Evidence of their Mutual Interactions,” MPRA Paper 7297, University Library of Munich, Germany. Yang, S.Y. and S.C. Doong, 2004, “Price and Volatility Spillovers between Stock Prices and Exchange Rates: Empirical Evidence from the G-7 Countries,” International Journal of Business and Economics 3, 2004, 139-153. Yu, Q., 1997, “Stock Prices and Exchange Rates: Experience in Leading East Asian Financial Centres: Tokyo, Hong Kong and Singapore”, Singapore Economic Review 41, 47–56. Wu, Y., 2000, “Stock Prices and Exchange Rates in a VEC Model—the Case of Singapore in the 1990s,” Journal of Economics and Finance 24, 260-274. |