Tag: Investment

Co-integration and Causal Linkages between Foreign Exchange Rate and Stock Prices in India

Posted onAuthormr_nmims_4692764

The broad objective of this study is to analyse the long term relationship and short term dynamic interlinkages between Indian stock prices and foreign exchange rate. This paper is based on 10 years’ daily data i.e. from 1 Jan 2010 to 31 Dec 2019 of nominal exchange rates of US Dollar, Euro and daily closing Read More …

The Long and the Short of It: Do Public and Private Firms Invest Differently?

Posted onAuthormr_nmims

AbstractUsing data from U.S. corporate tax returns, which provide a sample representative of the universe of U.S. corporations, we investigate the differential investment propensities of public and private firms. Re-weighting the data to generate observationally comparable sets of public and private firms, we find robust evidence that public firms invest more overall, particularly in R&D. Read More …