Title page for etd-0518113-131934


[Back to Results | New Search]

URN etd-0518113-131934
Author Siou-Huei Lai
Author's Email Address No Public.
Statistics This thesis had been viewed 5352 times. Download 1533 times.
Department Economics
Year 2012
Semester 2
Degree Master
Type of Document
Language zh-TW.Big5 Chinese
Title The Effects of Financial Variables on Economic Activities´╝ŹThe Case of G7 Countries
Date of Defense 2013-06-17
Page Count 121
Keyword
  • Stock Market Volatility
  • Financial Variables
  • Stock Market Index
  • The Yield Curve
  • Impulse Response Function
  • Forecast Error Variance Decomposition
  • Real Economic Activities
  • Abstract The occurrence of financial crisis will inevitably lead to serious economic recession. Thus, it is imperative to study the relationship between financial variables and real economic activities. This research examines the relationship between the financial variables of both the stock market and the bond market and real economic activities. The impulse response function result shows that the stock market index and stock market volatility have positive impact on the real GDP of the G7 Industrial Countries whereas the yield curve has negative impact on the real GDP of the G7 Industrial Countries. The stock market index and stock market volatility in Japan, the United States and Canada have greater impact on their real GDP. According to the forecast error variance decomposition, the stock market index and stock market volatility have better explanatory power about the real GDP in the cases of the United States, Japan and the United Kingdom. However, the explanatory power is around only 10%.
    Advisory Committee
  • Tzu-Wei Wang - chair
  • Shan-Non Tseng - co-chair
  • Jyh-Lin Wu - advisor
  • Files
  • etd-0518113-131934.pdf
  • indicate access worldwide
    Date of Submission 2013-07-04

    [Back to Results | New Search]


    Browse | Search All Available ETDs

    If you have more questions or technical problems, please contact eThesys