The quantile relationship of Philippine equities and foreign exchange rates

• Main Author: Manalang, Veronica S.
• Format: text
• Language: English
• Published: Animo Repository 2016
• Subjects: Stocks > Philippines; Foreign exchange rates > Philippines; Finance and Financial Management
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/2690
• Institution: De La Salle University

This paper aims to establish the link between the stock market and foreign exchange market of the Philippines. To fulfill such, the study establishes direction of causality and applied the Quantile Regression model to observe the daily returns of the Philippine Stock Exchange Index and Foreign Excha...