Impact of money supply on stock bubbles

Martin Sirucek ()

MPRA Paper from University Library of Munich, Germany

Abstract: This article is focus on the effect and implications of changes in money supply in US on stock bubble rise on the US capital market, which is represented by the Dow Jones Industrial Average index. This market was chosen according to the market capitalization. The attention of paper is focused on problems, if according to the results of empirical analysis is the money supply significant factor which cause the bubbles and if during the time growth the significancy and impact of this macroeconomic factor on stock index.

Keywords: money supply; stock market; stock bubbles; granger causality; Dickey-Fuller test (search for similar items in EconPapers)
JEL-codes: E52 G15 (search for similar items in EconPapers)
Date: 2013-10-07
New Economics Papers: this item is included in nep-fdg and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Related works:
Journal Article: Impact of money supply on stock bubbles (2013)
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