The impact of foreign participation on stock prices in the United States
Shakil Quayes,
Abu Jamal and
Tanweer Hasan
Applied Economics Letters, 2012, vol. 19, issue 18, 1841-1845
Abstract:
Using a standard demand--supply model, this study investigates the relationship between foreign participation in the equity market and stock prices, incorporating the effects of inflation and the demographic structure. The results show that while foreign participation in the equity market and the proportion of population in their prime earning age have a positive impact, inflation has a negative impact on stock prices.
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:19:y:2012:i:18:p:1841-1845
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DOI: 10.1080/13504851.2012.667534
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