THE ANALYSIS OF THE RELATION BETWEEN THE EVOLUTION OF THE BET INDEX AND THE MAIN MACROECONOMIC VARIABLES IN ROMANIA (1997-2008)

Zoicas Ienciu Adrian () and Fat Maria Codruta ()
Additional contact information
Zoicas Ienciu Adrian: Babes -Bolyai University Cluj-Napoca, Faculty of Economics and Business Administration
Fat Maria Codruta: Babes -Bolyai University Cluj-Napoca, Faculty of Economics and Business Administration

Annals of Faculty of Economics, 2008, vol. 3, issue 1, 632-637

Abstract: Starting from the conclusions which result from conducting some similar empirical studies on the great stock markets, in this work, we have set as our goal to analyze the return series behaviour of the main index of the Bucharest Stock Exchange (BSE) - the BET index, during different periods of time, compared to the evolution of some macroeconomic variables, like interbank interest rates, inflation rate or unemployment rate. The results confirm that there is a weak relation between these variables, in what monthly data are concerned.

Keywords: stock market; macroeconomic variables; empirical study (search for similar items in EconPapers)
Date: 2008
References: Add references at CitEc
Citations:

Downloads: (external link)
http://steconomice.uoradea.ro/anale/volume/2008/v3 ... -accountancy/113.pdf (application/pdf)

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:ora:journl:v:3:y:2008:i:1:p:632-637

Access Statistics for this article

More articles in Annals of Faculty of Economics from University of Oradea, Faculty of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Catalin ZMOLE ( this e-mail address is bad, please contact ).