Macroeconomic Fundamentals and Stock Prices
Mahmoud Otaify
Broschiertes Buch

Macroeconomic Fundamentals and Stock Prices

Review of Basic Theories

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This book reviews the theoretical literature on the effect of macroeconomic variables on stock prices. More specifically, there are basic theories that have been contributed to explore importance of macroeconomic variables in analyzing behavior of stock prices. This book describes four main theories namely, rational valuation theory, the efficient market theory, portfolio theory, and asset pricing theory.