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The Link between the Rate of Growth of Stock Prices and the Rate of Growth of GNP in the United States: A Granger Causality Test

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  • Saeid Mahdavi
  • Ahmad Sohrabian

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  • Saeid Mahdavi & Ahmad Sohrabian, 1991. "The Link between the Rate of Growth of Stock Prices and the Rate of Growth of GNP in the United States: A Granger Causality Test," The American Economist, Sage Publications, vol. 35(2), pages 41-48, October.
    • Handle: RePEc:sae:amerec:v:35:y:1991:i:2:p:41-48
    DOI: 10.1177/056943459103500206
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    References listed on IDEAS

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    1. Guilkey, David K & Salemi, Michael K, 1982. "Small Sample Properties of Three Tests for Granger-Causal Ordering in a Bivariate Stochastic System," The Review of Economics and Statistics, MIT Press, vol. 64(4), pages 668-680, November.
    2. Fischer, Stanley & Merton, Robert C., 1984. "Macroeconomics and finance: The role of the stock market," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 21(1), pages 57-108, January.
    3. Geweke, John & Meese, Richard & Dent, Warren, 1983. "Comparing alternative tests of causality in temporal systems : Analytic results and experimental evidence," Journal of Econometrics, Elsevier, vol. 21(2), pages 161-194, February.
    4. William P. Osterberg, 1987. "Stock-market gyrations and investment," Economic Commentary, Federal Reserve Bank of Cleveland, issue Dec, pages 1-4.
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    1. Bekiros, Stelios & Shahzad, Syed Jawad Hussain & Arreola-Hernandez, Jose & Ur Rehman, Mobeen, 2018. "Directional predictability and time-varying spillovers between stock markets and economic cycles," Economic Modelling, Elsevier, vol. 69(C), pages 301-312.

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