Determinants of Stock Prices : The Case of Zimbabwe

The Case of Zimbabwe

Determinants of Stock Prices : The Case of Zimbabwe
This paper examines the general relationship between stock prices and macroeconomic variables in Zimbabwe, using the revised dividend discount model, error-correction model, and multi-factor return-generating model. Despite the large fluctuation in stock prices since 1991, this analysis indicates that the Zimbabwe Stock Exchange has been... READ MORE...

Publication date: September 1997
ISBN 9781451941616
$15.00

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