Since 2014
The Relationship Between Philippine Interest Rates and Stock Price Movements
Philippine Review of Economics
View Archive Info| Field | Value | |
| Title |
The Relationship Between Philippine Interest Rates and Stock Price Movements
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| Creator |
Gregorio, Rizalito; Assistant Professor, College of Business Administration, University of the Philippines Diliman
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| Subject |
—
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| Description |
For fund managers who are allowed asset-allocation choices between stocks and bonds, the relationship between these two assets is a matter of great concern. Since the interest rate is sometimes used as a key decision variable—and in a few cases as the sole decision variable—in the decision to shift between bonds and equities, the present study uses a bivariate approach in its analysis. Using the Box-Jenkins technique, the study found no significant relationship between 91-day interest rates and the Composite and Sectoral indices of the Makati Stock Exchange using data from January 1987 up to August 1993.
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| Publisher |
Philippine Review of Economics
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| Contributor |
—
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| Date |
1994-06-22
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/128
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| Source |
Philippine Review of Economics; Vol 31, No 1 (1994)
1655-1516 |
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| Language |
eng
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| Relation |
http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/128/470
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| Rights |
Copyright (c) 2017 Philippine Review of Economics
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