The impact of foreign participation on stock prices in the United States

被引：0

作者：

Quayes, Shakil ^{[1
]}

Jamal, Abu ^{[2
]}

Hasan, Tanweer ^{[3
]}

机构：

[1] Univ Massachusetts, Dept Econ, Lowell, MA 01854 USA

[2] SE Louisiana Univ, Coll Business, Hammond, LA 70402 USA

[3] Roosevelt Univ, Dept Finance, Chicago, IL 60605 USA

来源：

APPLIED ECONOMICS LETTERS | 2012年 / 19卷 / 18期

关键词：

foreign equity participation; stock prices; baby boomers; DEMOGRAPHIC-STRUCTURE; BABY BOOM; INFLATION; RETURNS; MARKETS;

D O I：

10.1080/13504851.2012.667534

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Using a standard demand-supply model, this study investigates the relationship between foreign participation in the equity market and stock prices, incorporating the effects of inflation and the demographic structure. The results show that while foreign participation in the equity market and the proportion of population in their prime earning age have a positive impact, inflation has a negative impact on stock prices.

引用

页码：1841 / 1845

页数：5

共 13 条

[1] The effects of a baby boom on stock prices and capital accumulation in the presence of social security [J].