Analysis of Macro and Micro Economical Factors Impact on the Yields of Investments in Shares Marketable on BSE

Georgiana Pacesila and Anamaria Ciobanu

The Valuation Journal, 2009, vol. 4, issue 1, 55-75

Abstract: This study is aimed at identifying the micro- and macro-economical factors that can explain the variability of yields from investments in shares traded on Romanian capital market, during 2004 - May 2008. In general, the results achieved confirm the generally accepted idea according to which the changes of micro and macroeconomic indicators size can affect the stocks quotes.

JEL-codes: G14 G32 (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:vaj:journl:v:4:y:2009:i:1:p:55-75

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