{"id":"https://openalex.org/W2565665","doi":null,"title":"An Empirical Study of the Relationship between Macroeconomic Variables and Stock Price: A Study on Dhaka Stock Exchange (DSE)","display_name":"An Empirical Study of the Relationship between Macroeconomic Variables and Stock Price: A Study on Dhaka Stock Exchange (DSE)","publication_year":2008,"publication_date":"2008-06-01","ids":{"openalex":"https://openalex.org/W2565665","mag":"2565665"},"language":"en","primary_location":{"id":"mag:2565665","doi":null,"is_oa":false,"landing_page_url":"https://econpapers.repec.org/RePEc:aiu:abewps:21","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null},"volume":null,"type":"preprint","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5077285075","display_name":"Mohiuddin","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Mohiuddin","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5100987589","display_name":"Md. Didarul Alam","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Md. Didarul Alam","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5109608108","display_name":"Abdullah Shahid","orcid":"https://orcid.org/0009-0007-2394-6586","observed_orcids":["https://orcid.org/0009-0007-2394-6586"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Abdullah Shahid","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":5,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.8583999872207642,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.8583999872207642,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11059","display_name":"Market Dynamics and Volatility","score":0.10859999805688858,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.01640000008046627,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/stock-prices","display_name":"stock prices","score":0.7379999756813049},{"id":"https://openalex.org/keywords/macroeconomic-factors","display_name":"macroeconomic factors","score":0.8289999961853027},{"id":"https://openalex.org/keywords/dhaka-stock-exchange","display_name":"Dhaka Stock Exchange","score":0.9240000247955322},{"id":"https://openalex.org/keywords/inflation-rate","display_name":"inflation rate","score":0.8999999761581421},{"id":"https://openalex.org/keywords/exchange-rates","display_name":"exchange rates","score":0.9990000128746033},{"id":"https://openalex.org/keywords/interest-rates","display_name":"interest rates","score":0.9950000047683716},{"id":"https://openalex.org/keywords/money-supply","display_name":"money supply","score":1.0},{"id":"https://openalex.org/keywords/production-index","display_name":"production index","score":0.9639999866485596},{"id":"https://openalex.org/keywords/stock-price-index","display_name":"stock price index","score":0.7429999709129333},{"id":"https://openalex.org/keywords/bangladesh-stock-market","display_name":"Bangladesh stock market","score":0.6340000033378601}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7785906195640564},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.5888960361480713},{"id":"https://openalex.org/C47143671","wikidata":"https://www.wikidata.org/wiki/Q1450203","display_name":"Cost price","level":4,"score":0.5862529277801514},{"id":"https://openalex.org/C2776988154","wikidata":"https://www.wikidata.org/wiki/Q66100","display_name":"Exchange rate","level":2,"score":0.5805673599243164},{"id":"https://openalex.org/C2779971977","wikidata":"https://www.wikidata.org/wiki/Q842206","display_name":"Money supply","level":3,"score":0.571023166179657},{"id":"https://openalex.org/C200870193","wikidata":"https://www.wikidata.org/wiki/Q11691","display_name":"Stock exchange","level":2,"score":0.5694215297698975},{"id":"https://openalex.org/C145021104","wikidata":"https://www.wikidata.org/wiki/Q3630992","display_name":"Wholesale price index","level":4,"score":0.5304274559020996},{"id":"https://openalex.org/C2777402642","wikidata":"https://www.wikidata.org/wiki/Q2557224","display_name":"Explanatory power","level":2,"score":0.48030155897140503},{"id":"https://openalex.org/C2988984586","wikidata":"https://www.wikidata.org/wiki/Q1020013","display_name":"Stock price","level":3,"score":0.47321075201034546},{"id":"https://openalex.org/C175025494","wikidata":"https://www.wikidata.org/wiki/Q179179","display_name":"Interest rate","level":2,"score":0.46628284454345703},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.45829471945762634},{"id":"https://openalex.org/C200941418","wikidata":"https://www.wikidata.org/wiki/Q273508","display_name":"Inflation (cosmology)","level":2,"score":0.4414002299308777},{"id":"https://openalex.org/C166955791","wikidata":"https://www.wikidata.org/wiki/Q629579","display_name":"Macro","level":2,"score":0.4305300712585449},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3940317630767822},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.3763706088066101},{"id":"https://openalex.org/C34881761","wikidata":"https://www.wikidata.org/wiki/Q1936341","display_name":"Price level","level":2,"score":0.37004175782203674},{"id":"https://openalex.org/C162889289","wikidata":"https://www.wikidata.org/wiki/Q6841075","display_name":"Mid price","level":3,"score":0.2198030948638916},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.06642335653305054},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C33332235","wikidata":"https://www.wikidata.org/wiki/Q18362","display_name":"Theoretical physics","level":1,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0},{"id":"https://openalex.org/C78519656","wikidata":"https://www.wikidata.org/wiki/Q101333","display_name":"Mechanical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C143724316","wikidata":"https://www.wikidata.org/wiki/Q312468","display_name":"Series (stratigraphy)","level":2,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"mag:2565665","doi":null,"is_oa":false,"landing_page_url":"https://econpapers.repec.org/RePEc:aiu:abewps:21","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":16,"referenced_works":["https://openalex.org/W1553716673","https://openalex.org/W1583657264","https://openalex.org/W1924913069","https://openalex.org/W1974150787","https://openalex.org/W2005601557","https://openalex.org/W2007785900","https://openalex.org/W2010681793","https://openalex.org/W2015800048","https://openalex.org/W2054455036","https://openalex.org/W2056246162","https://openalex.org/W2090231281","https://openalex.org/W2095538736","https://openalex.org/W2110155273","https://openalex.org/W2122725459","https://openalex.org/W2891787705","https://openalex.org/W3094392984"],"related_works":["https://openalex.org/W2154534349","https://openalex.org/W4399929444","https://openalex.org/W2996300767","https://openalex.org/W4287660970","https://openalex.org/W2787697129","https://openalex.org/W2924672769","https://openalex.org/W4293817500","https://openalex.org/W7171360926","https://openalex.org/W7135179557","https://openalex.org/W2438766221"],"abstract_inverted_index":{"Literature":[0],"strongly":[1],"supports":[2],"vibration":[3],"of":[4,11,40,59,88,105,120],"the":[5,37,57,60,73,76,89,102,106,115,121],"stock":[6,61,82,100,116],"price":[7,62,86,117],"as":[8,44,96],"a":[9,97],"consequence":[10],"various":[12,41],"macroeconomic":[13,122,134],"factors":[14,80],"(Darrat,":[15],"1990;":[16],"Fama":[17],"&":[18,22,28],"Schwert,":[19],"1977;":[20],"Jaffe":[21],"Mandelker,":[23],"1976;":[24,26],"Nelson,":[25],"Pearce":[27],"Roley,":[29],"1985;":[30],"Ripley,":[31],"1973).":[32],"This":[33],"study":[34,125],"has":[35,68,93,111],"investigated":[36],"explanatory":[38],"power":[39],"macro-factors":[42],"such":[43],"inflation":[45],"rate,":[46,48,50],"exchange":[47],"interest":[49],"money":[51],"supply":[52],"and":[53,118],"production":[54],"index":[55,87],"on":[56],"variability":[58],"in":[63],"Bangladesh.":[64],"Multiple":[65],"regression":[66],"analysis":[67],"been":[69,94,112],"conducted":[70],"to":[71],"asses":[72],"relationship":[74,110],"between":[75,114],"stated":[77],"macro":[78],"economic":[79],"with":[81,132],"price.":[83],"All":[84],"share":[85],"Dhaka":[90],"Stock":[91],"Exchange":[92],"used":[95],"proxy":[98],"for":[99,128],"price,":[101],"dependent":[103],"variable":[104],"study.":[107],"No":[108],"significant":[109],"found":[113],"any":[119],"factors.":[123],"The":[124],"bodes":[126],"well":[127],"advanced":[129],"empirical":[130],"models":[131],"additional":[133],"variables.":[135]},"counts_by_year":[{"year":2021,"cited_by_count":1},{"year":2016,"cited_by_count":2},{"year":2014,"cited_by_count":1}],"updated_date":"2026-09-26T08:19:03.415552","created_date":"2016-06-24T00:00:00"}