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Asian Journal of Research in Banking and Finance
Year : 2015, Volume : 5, Issue : 1
First page : ( 127) Last page : ( 133)
Online ISSN : 2249-7323.
Article DOI : 10.5958/2249-7323.2015.00011.5

Macroeconomic and Stock Price Index in Iran (Private Consumption and Stock Price Index)

Hojjati Zibaa, Gaskari Reihanehb

aMaster of Economics, Faculty Member of Islamic Azad University (IAU), Abadan Branch, Iran

bPhD in Economics, Faculty Member, Islamic Azad University (IAU), Abadan branch, Iran

Online published on 7 January, 2015.

Abstract

This article is an attempt to assess the relationship between Petavir ocnoitpmusn and Tehran's S kcotxednI ecirp. using a cub-Douglas integral and a co integration method. A variance analysis as well as the Johnson method was also applied. The results reveal that an increase in the P.C.S. leads to a climb in the S.P.I.

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Keywords

Stock Price Index, Private Consumption, Johnson method, Iran.

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