Λογότυπο αποθετηρίου

Πλοήγηση ανά Συγγραφέα "Papakonstantinou, Athanasios"

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Α Β Γ Δ Ε Ζ Η Θ Ι Κ Λ Μ Ν Ξ Ο Π Ρ Σ Τ Υ Φ Χ Ψ Ω
Φιλτράρετε τα αποτελέσματα πληκτρολογώντας τα πρώτα γράμματα
Τώρα δείχνει 1 - 1 από 1
  • Μικρογραφία εικόνας
    Τεκμήριο
    Analyzing the relationship between stock market investments and inflation in the United States and Canada from 1980 to 2023
    (2023-10-28) Papakonstantinou, Athanasios; Παπακωνσταντίνου, Αθανάσιος; Athens University of Economics and Business, Department of Accounting and Finance; Rompolis, Leonidas; Chalamandaris, George; Spyrou, Spyros
    This thesis explores the intricate relationship between stock market investments and inflation within the United States and Canada, spanning an extensive period from 1980 to 2023. Employing robust linear regression models, this study scrutinizes the interplay between the Consumer Price Index (CPI) and three prominent stock market indices: NASDAQ, S&P (Standard & Poor's 500), and Dow Jones. The primary objective is to uncover the underlying dynamics that connect economic indicators with stock market performance.The findings reveal a profound and nuanced correlation between stock market dynamics and inflation, resonating across both the United States and Canada. The research not only identifies shared patterns but also distinct variations in how specific stock market indices influence inflation dynamics. While the fundamental concept of a positive relationship between stock market indices and inflation remains a consistent thread, the extent and specific impact of each index exhibit diversity.Moreover, the study provides substantial evidence through consistently high R-squared values, indicating that fluctuations in the selected stock market indices significantly contribute to the variability in CPI. Noteworthy is the positive association between NASDAQ and CPI, emphasizing the notable influence of technology-driven and growth-oriented stocks on inflation. Similarly, the comprehensive representation of the S&P index corresponds with heightened consumer prices, while Dow Jones, with a more modest effect, contributes to shaping inflation dynamics.The robust statistical foundation of the models is underscored by their substantial F-statistics and reasonably low Mean Squared Error (MSE) values, reaffirming the accuracy and reliability of the employed linear regression models.In summary, this thesis enriches the comprehension of the intricate interplay between stock market investments and inflation across American and Canadian markets. The insights derived from this research carry practical implications for investors, policymakers, and researchers, offering valuable perspectives on the interconnectedness of financial markets and economic indicators. Furthermore, this study emphasizes the necessity for sophisticated analytical approaches when assessing the influence of specific stock market indices on consumer prices across various decades. Future research avenues may delve into sector-specific influences within these indices and consider the potential involvement of additional economic variables, further enhancing our understanding of this multifaceted relationship.