Interactions between the Exchange Rates and the Differential of the Stock Returns between Romania and US during the Global Crisis
Journal Title: Annals of "Dunarea de Jos" University - Fascicle I. Economics and Applied Informatics - Year 2011, Vol 1, Issue 2
Abstract
The relation between the foreign exchange markets and the stock markets is still a controversial subject in the specialized literature. Recent studies revealed the changes that occur in this relation during the financial crisis. In this paper we approach the interactions between the exchange rates and the differentials of the stock returns between Romania and the US in the period of the global crisis. We find some significant differences in this relations during the main stages of the crisis.
Authors and Affiliations
STEFANESCU Razvan, DUMITRIU Ramona
Keywords
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- EP ID EP103225
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