Causality test between exchange rate, inflation rate and Stock Price Index in Southeast Asia

Tifa Noer Amelia
Additional contact information
Tifa Noer Amelia: Perbanas Institute, Indonesia

Journal of Administrative and Business Studies, 2016, vol. 2, issue 2, 101-106

Abstract: This paper examines the causality relationship between stock price index, exchange rate and inflation. The sample is gathered from monthly report for the period of 2012-2015 published in Southeast Asia consisting of Lao PDR, Malaysia, Indonesia, Singapore and Thailand. Hypothesis is found that all of the variables identified have a causality relationship. Research proves that the Southeast Asian countries should monitor each other's Economic condition continuously since a change in a country's indicator can relate and has the impact on the other country. However, the relationship strength is moderate and weak. So the research must be updated every year since it is valid for short term or maximum for one year.

Keywords: Stock price index; Exchange rate; Inflation; Economic indicator (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://tafpublications.com/platform/Articles/full-jabs2.2.5.php (application/pdf)
https://tafpublications.com/gip_content/paper/jabs-2.2.5.pdf (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:apb:jabsss:2016:p:101-106

DOI: 10.20474/jabs-2.2.5

Access Statistics for this article

Journal of Administrative and Business Studies is currently edited by Professor Dr. Usman Raja

More articles in Journal of Administrative and Business Studies from Professor Dr. Usman Raja Calle Alarcon 66, Sant Adrian De Besos 08930, Barcelona Spain.
Bibliographic data for series maintained by Professor Dr. Usman Raja ().