PL EN


2018 | 52 | 4 |
Article title

Zależności przyczynowe między WIG20 i PLN

Authors
Content
Title variants
Languages of publication
EN
Abstracts
EN
The article examines the interaction between share prices and exchange rates on the Polish fiancial market. A two-dimensional model of vector autoregression was used and daily data on the stock exchange index and exchange rate index for the period from April 2000 to December 2017 were used. The empirical results indicated a one-way causality from exchange rates to share prices.
PL
W artykule przedstawiono wyniki badania interakcji między cenami akcji a kursami walut na polskim rynku fiansowym. Wykorzystano dwuwymiarowy model wektorowej autoregresji i zastosowano dzienne dane o indeksie giełdowym i indeksie kursów walut dla okresu od kwietnia 2000 r. do grudnia 2017 r. Wyniki empiryczne wskazały na jednokierunkową przyczynowość od kursów walutowych do cen akcji.
Year
Volume
52
Issue
4
Physical description
Dates
published
2018
online
2019-02-19
Contributors
References
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Document Type
Publication order reference
Identifiers
YADDA identifier
bwmeta1.element.ojs-doi-10_17951_h_2018_52_4_73-81
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