Relationship between Volatilities of Stock Market and Instruments of Monetary Policy in Vietnam
Volatility of stock exchange and its determinants always attract the attention of investors, researchers and exchange authorities. The research estimates the volatility of Vietnam stock market by measuring the conditional volatility of VN-Index and HNX-Index, and explores the relationship between th...
Đã lưu trong:
| Những tác giả chính: | , |
|---|---|
| Định dạng: | Bài viết |
| Ngôn ngữ: | English |
| Được phát hành: |
University of Economics Ho Chi Minh City
2023
|
| Truy cập trực tuyến: | http://jabes.ueh.edu.vn/Home/SearchArticle?article_Id=c9203af0-4a3e-44d8-b41c-5a5f83edb60e https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/115494 |
| Các nhãn: |
Thêm thẻ
Không có thẻ, Là người đầu tiên thẻ bản ghi này!
|
| Thư viện lưu trữ: | Thư viện Trường Đại học Đà Lạt |
|---|
| id |
oai:scholar.dlu.edu.vn:DLU123456789-115494 |
|---|---|
| record_format |
dspace |
| spelling |
oai:scholar.dlu.edu.vn:DLU123456789-1154942023-03-08T03:56:30Z Relationship between Volatilities of Stock Market and Instruments of Monetary Policy in Vietnam Tran, Phuong Thao Phan, Chung Thuy Volatility of stock exchange and its determinants always attract the attention of investors, researchers and exchange authorities. The research estimates the volatility of Vietnam stock market by measuring the conditional volatility of VN-Index and HNX-Index, and explores the relationship between the volatility of stock exchanges and the volatility of two instruments of monetary policy (overnight rate and exchange rate). Data are collected on a daily basis from Jan. 5, 2006 to March 31, 2014. The research found evidence of volatility of returns through the two indexes and two instruments, but it detected no relationship between the volatilities of these instruments and the stock indexes. Additionally, the research confirms the role of VN-Index as a market maker over HNX-Index. 2023-03-08T03:56:30Z 2023-03-08T03:56:30Z 2015 Article 2615-9112 http://jabes.ueh.edu.vn/Home/SearchArticle?article_Id=c9203af0-4a3e-44d8-b41c-5a5f83edb60e https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/115494 10.24311/jabes/2015.22.1.02 en Journal of Asian Business and Economic Studies, Volume 22, Issue 1; p. 82-99 application/pdf University of Economics Ho Chi Minh City |
| institution |
Thư viện Trường Đại học Đà Lạt |
| collection |
Thư viện số |
| language |
English |
| description |
Volatility of stock exchange and its determinants always attract the attention of investors, researchers and exchange authorities. The research estimates the volatility of Vietnam stock market by measuring the conditional volatility of VN-Index and HNX-Index, and explores the relationship between the volatility of stock exchanges and the volatility of two instruments of monetary policy (overnight rate and exchange rate). Data are collected on a daily basis from Jan. 5, 2006 to March 31, 2014. The research found evidence of volatility of returns through the two indexes and two instruments, but it detected no relationship between the volatilities of these instruments and the stock indexes. Additionally, the research confirms the role of VN-Index as a market maker over HNX-Index. |
| format |
Article |
| author |
Tran, Phuong Thao Phan, Chung Thuy |
| spellingShingle |
Tran, Phuong Thao Phan, Chung Thuy Relationship between Volatilities of Stock Market and Instruments of Monetary Policy in Vietnam |
| author_facet |
Tran, Phuong Thao Phan, Chung Thuy |
| author_sort |
Tran, Phuong Thao |
| title |
Relationship between Volatilities of Stock Market and Instruments of Monetary Policy in Vietnam |
| title_short |
Relationship between Volatilities of Stock Market and Instruments of Monetary Policy in Vietnam |
| title_full |
Relationship between Volatilities of Stock Market and Instruments of Monetary Policy in Vietnam |
| title_fullStr |
Relationship between Volatilities of Stock Market and Instruments of Monetary Policy in Vietnam |
| title_full_unstemmed |
Relationship between Volatilities of Stock Market and Instruments of Monetary Policy in Vietnam |
| title_sort |
relationship between volatilities of stock market and instruments of monetary policy in vietnam |
| publisher |
University of Economics Ho Chi Minh City |
| publishDate |
2023 |
| url |
http://jabes.ueh.edu.vn/Home/SearchArticle?article_Id=c9203af0-4a3e-44d8-b41c-5a5f83edb60e https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/115494 |
| _version_ |
1819801282847703040 |