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dc.contributor.authorBakri, Abdul Karim
dc.contributor.authorLoke Phui, Sea
dc.contributor.authorZulkefly, Abdul Karim
dc.date.accessioned2015-05-28T07:48:06Z
dc.date.available2015-05-28T07:48:06Z
dc.date.issued2014-10
dc.identifier.citationInternational Journal of Business and Technopreneurship, vol.4(3),2014, pages 467-476en_US
dc.identifier.issn2231-7090
dc.identifier.urihttp://ijbt.unimap.edu.my/
dc.identifier.urihttp://dspace.unimap.edu.my:80/xmlui/handle/123456789/40040
dc.descriptionLink to publisher's homepage at http://ijbt.unimap.edu.my/en_US
dc.description.abstractThis study examines the relationship between macroeconomic variables volatility (industrial production, exchange rate, inflation rate and money supply) and stock market volatility in Indonesia. Monthly data from January 1986 to December 2013 are employed in this study. Using GARCH (1, 1) and Granger Causality test, the results show that the macroeconomic variables volatility has no impact toward the Indonesian stock market volatility. However, there is only an unidirectional causal relationship running from stock market volatility to exchange rate volatility. Therefore, policy makers should take into account stock market volatility in making any policy related to exchange rate.en_US
dc.language.isoenen_US
dc.publisherSchool of Business Innovation and Technopreneurship, Universiti Malaysia Perlis (UniMAP)en_US
dc.subjectMacroeconomicen_US
dc.subjectStock marketen_US
dc.subjectVolatilityen_US
dc.subjectGARCHen_US
dc.subjectGranger Causalityen_US
dc.titleThe impact of macroeconomic volatility on the Indonesian stock market volatilityen_US
dc.typeArticleen_US


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