Home  Journals  Finance and Credit  37(517) - 2012 October

Interrelation of system of factors of national level and dynamics of the Russian stock market

Available online: 9 October 2012

Subject Heading: Stock market

JEL Classification: 

The article is devoted to study of interrelation between economic factors of a national level: volume of international reserves, index of the volume of cash in circulation, gross domestic product, export surplus, monetary base, unemployment level, refinancing rate and dynamics of RTS index (for the period from 1995 to 2010), that is the pre-crisis period, the crisis period, and the post-crisis period. During the financial crisis, there is a shift in the system of influences between the indicators at the national level and the RTS index, but in the post-link back to their previous values. This is evidence of a stable relationship between economic performance at the national level and the dynamics of the RTS index in a period of sustained economic growth.

Keywords: factors of national level, structural shift, financial and economic crisis

View all articles of issue

ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

Journal current issue

Vol. 30, Iss. 4 April 2024

Archive