Can interest rate changes help predict future stock price movements? Evidence from the German market

Author: Siddiqui S.1

Source: Applied Economics Letters, Volume 10, Number 4, March 17, 2003 , pp. 209-211(3)

Publisher: Routledge, part of the Taylor & Francis Group

Abstract:

By applying a linear regression model to monthly time series data from the German equity and money markets, this paper challenges the conventional viewpoint that historical data do not possess any explanatory power for future stock market returns.

Document Type: Research article

Affiliations: 1: Humserstr. 17, D-60320 Frankfurt am Main, Germany e-mail: siddiqui@web.de

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