Economics, Econometrics and Finance
4 years ago

South Africa's House and Stock Prices Linked in Long-Term Relationship

RePEc: Research Papers in Economics
Long- and Short-Run Relationships between House and Stock Prices in South Africa: A Nonparametric Approach
Goodness C. Aye, Mehmet Balcılar, Rangan Gupta

Paper Summary

The article examines the relationship between house and stock prices in South Africa using different tests. Linear tests found no long-term connection between the two, but nonparametric tests showed a strong one-to-one relationship in the long run. Additionally, the nonparametric tests revealed a two-way causality between house and stock prices.

Related papers

Economics, Econometrics and Finance
8 years ago

Inflation in Zambia Linked to Decrease in Stock Prices Over Time

Oil Price Shocks
Macroeconomic Analysis
Stock Market Predictions
2 views
Economics, Econometrics and Finance
7 years ago

Stock prices drive foreign exchange rates in Turkey, impacting economic policies.

Oil Price Shocks
Macroeconomic Analysis
Stock Market Predictions
Economics, Econometrics and Finance
7 years ago

Stock prices drive currency exchange rates in Thailand, study finds.

Macroeconomic Analysis
Oil Price Shocks
International Finance