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Money and stock prices
15 references·16 citing·37 second hop
Money and stock prices (1974)Money and stock pricesProof That Properly Discounted Present Values of Assets Vibrate Randomly (1973)Proof That Properly Discounte…The capital asset pricing model: Some empirical tests (1972)The capital asset pricing mod…MONEY, INCOME, AND CAUSALITY (1972)MONEY, INCOME, AND CAUSALITYMoney, Debt, and Economic Activity (1972)Money, Debt, and Economic Act…RANDOM WALKS AND TECHNICAL THEORIES: SOME ADDITIONAL EVIDENCE (1970)RANDOM WALKS AND TECHNICAL TH…Public Interpretation of Federal Reserve Discount Rate Changes: Evidence on the "Announcement Effect" (1970)Public Interpretation of Fede…Efficient Capital Markets: A Review of Theory and Empirical Work (1970)Efficient Capital Markets: A …Forecasts of Future Prices, Unbiased Markets, and "Martingale" Models (1966)Forecasts of Future Prices, U…Filter Rules and Stock-Market Trading (1966)Filter Rules and Stock-Market…The Distributed Lag Between Capital Appropriations and Expenditures (1965)The Distributed Lag Between C…Money and Business Cycles (1963)Money and Business CyclesThe Lag in Effect of Monetary Policy (1961)The Lag in Effect of Monetary…Rational Expectations and the Theory of Price Movements (1961)Rational Expectations and the…Price Movements in Speculative Markets : Trends or Random Walks (1961)Price Movements in Speculativ…The Analysis of Economic Time-Series-Part I: Prices (1953)The Analysis of Economic Time…Oil price shocks and stock returns nexus for Malaysia: Fresh evidence from nonlinear ARDL test (2018)Oil price shocks and stock re…The impact of monetary policy on stock market performance: Evidence from twelve (12) African countries (2017)The impact of monetary policy…The quantitative easing effect on the stock market of the USA, the UK and Japan (2016)The quantitative easing effec…Dynamic efficiency of stock markets and exchange rates (2016)Dynamic efficiency of stock m…The Relationship between Macroeconomic Variables and Stock Market Index in Nigeria (2012)The Relationship between Macr…Monetary policy and stock market dynamics across monetary regimes (2012)Monetary policy and stock mar…Long‐run relationship between Islamic stock returns and macroeconomic variables (2009)Long‐run relationship between…The Endogeneity of Credit Money (2006)The Endogeneity of Credit Mon…Economic variables and stock market returns: evidence from the Athens stock exchange (2006)Economic variables and stock …Macroeconomic variables and stock prices in a small open economy: The case of Singapore (1997)Macroeconomic variables and s…Stock Returns, Money, and Fiscal Deficits (1990)Stock Returns, Money, and Fis…Stock prices, money supply, and interest rates: the question of causality (1988)Stock prices, money supply, a…The behavior of the stock market in a developing economy (1986)The behavior of the stock mar…The Reaction of Stock Prices to Unanticipated Changes in Money: A Note (1983)The Reaction of Stock Prices …Monetary policy and long-term interest rates (1981)Monetary policy and long-term…Determinants of Common Stock Prices: A Time Series Analysis (1977)Determinants of Common Stock …Investigating Causal Relations by Econometric Models and Cross-spectral Methods (1969)A Simple Estimator of Cointegrating Vectors in Higher Order Integrated Systems (1993)Automatic Lag Selection in Covariance Matrix Estimation (1994)Introductory Econometrics for Finance (2008)Portfolio Selection: Efficient Diversification of Investments (1959)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)An Intertemporal Capital Asset Pricing Model (1973)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)Comparison of Interwar and Postwar Business Cycles: Monetarism Reconsidered (1980)Markups and the Business Cycle (1991)Monetary Policy Strategy: Lessons from the Crisis (2011)A Monetary History of the United States, 1867-1960 (2017)The Behavior of Stock-Market Prices (1965)An Anatomy of Trading Strategies (1998)Using genetic algorithms to find technical trading rules (1999)The illusory nature of momentum profits (2003)On the Distribution of Stock Price Differences (1967)The Random Character of Stock Market Prices (1968)Long-term dependence in common stock returns (1977)Orange Juice and Weather (1984)Optimal Properties of Exponentially Weighted Forecasts (1960)The Economic Implications of Learning by Doing (1971)Rules Rather than Discretion: The Inconsistency of Optimal Plans (1977)Asset Prices in an Exchange Economy (1978)MIDAS Regressions: Further Results and New Directions (2007)Loan growth and riskiness of banks (2010)How Large and Long-lasting Are the Persuasive Effects of Televised Campaign Ads? Results from a Randomized Field Experiment (2011)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)A Subordinated Stochastic Process Model with Finite Variance for Speculative Prices (1973)WHAT DO WE KNOW ABOUT THE PROFITABILITY OF TECHNICAL ANALYSIS? (2007)Forecasting Stock Returns (2013)Rational Theory of Warrant Pricing (2015)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Users of the world, unite! The challenges and opportunities of Social Media (2009)
this work references cited by second hop

References

  • 1970Efficient Capital Markets: A Review of Theory and Empirical Work13,616 cited
  • 1961Rational Expectations and the Theory of Price Movements5,639 cited
  • 1972MONEY, INCOME, AND CAUSALITY3,013 cited
  • 1972The capital asset pricing model: Some empirical tests2,705 cited
  • 1965The Distributed Lag Between Capital Appropriations and Expenditures1,133 cited
  • 1966Filter Rules and Stock-Market Trading832 cited
  • 1953The Analysis of Economic Time-Series-Part I: Prices831 cited
  • 1961Price Movements in Speculative Markets : Trends or Random Walks645 cited
  • 1963Money and Business Cycles623 cited
  • 1966Forecasts of Future Prices, Unbiased Markets, and "Martingale" Models440 cited
  • 1961The Lag in Effect of Monetary Policy421 cited
  • 1970RANDOM WALKS AND TECHNICAL THEORIES: SOME ADDITIONAL EVIDENCE369 cited
  • 1973Proof That Properly Discounted Present Values of Assets Vibrate Randomly243 cited
  • 1972Money, Debt, and Economic Activity233 cited
  • 1970Public Interpretation of Federal Reserve Discount Rate Changes: Evidence on the "Announcement Effect"159 cited

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  • 1983The Reaction of Stock Prices to Unanticipated Changes in Money: A Note183 cited
  • 1997Macroeconomic variables and stock prices in a small open economy: The case of Singapore139 cited
  • 2006Economic variables and stock market returns: evidence from the Athens stock exchange119 cited
  • 1990Stock Returns, Money, and Fiscal Deficits115 cited
  • 2012The Relationship between Macroeconomic Variables and Stock Market Index in Nigeria114 cited
  • 1988Stock prices, money supply, and interest rates: the question of causality94 cited
  • 2016The quantitative easing effect on the stock market of the USA, the UK and Japan93 cited
  • 2018Oil price shocks and stock returns nexus for Malaysia: Fresh evidence from nonlinear ARDL test77 cited
  • 2017The impact of monetary policy on stock market performance: Evidence from twelve (12) African countries72 cited
  • 2009Long‐run relationship between Islamic stock returns and macroeconomic variables70 cited
  • 1977Determinants of Common Stock Prices: A Time Series Analysis69 cited
  • 2006The Endogeneity of Credit Money67 cited
  • 2012Monetary policy and stock market dynamics across monetary regimes65 cited
  • 1986The behavior of the stock market in a developing economy64 cited
  • 1981Monetary policy and long-term interest rates63 cited
  • 2016Dynamic efficiency of stock markets and exchange rates60 cited