The predictive content of GDP growth and inflation for stock returns and volatility: Evidence for Philippine stock market efficiency

• Main Authors: Aquilizan, Michael Blase V., Barandiaran, Aitor V., Gaw, Michael W., Mirpuri, Ravi H.
• Format: text
• Language: English
• Published: Animo Repository 2011
• Subjects: Gross domestic product > Philippines; Stock exchanges > Philippines; Finance and Financial Management
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/7886
• Institution: De La Salle University

Studies arrive at different conclusions regarding relationship of gross domestic product (GDP) growth and inflation to stock returns and its volatility. These results are heavily dependent on the country and period under observation. Even so, there is a general agreement within the literature that t...