Exploring the Role of Stock Exchanges and Exchange Rates for Sustainable Economic Development: A Cross Culture Study of Emerging and Developed Markets
MUHAMMAD NAVEED JAMIL,
HAFSA KHAN,
ZUHAIB NISHTAR
et al.
Abstract:The study seeks to analyze the developed and emerging countries forecasting the business market strategy of Stock Markets index and Exchange rate index and impact on the country's economy from 1991 to 2021. Annually date of nine developed and nine emerging countries has been considered as sample data for this study. Unit-root-test for stationary, Johansen’s Co-integration, VECM, Granger Causality, ARDL, GMM (panel data) applied to test the short run/long-run impact, association, and behavior of variables among… Show more
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