Warianty tytułu
Języki publikacji
Abstrakty
The paper examines the effect of interest rates on the stock market capitalization rate in Amman Stock Exchange (ASE) over the period of (1999-2008). It is used the OLS regression method, multiple linear regression model and simple regression model. The time series analysis revealed that there are significant and positive relationship between government Prevailing interest rate (R) and stock market capitalization rate (S). The study shows that Government development stock rate (D) exerts negative influence on stock market capitalization rate (S), also it finds a significant and negative relationship between government Prevailing interest rate (R) and Government development stock rate (D). Finally, this study suggested the importance of government intervention to encourage investment in ASE by reducing rate of personal taxation thus, granting incentive for creation of wealth, control interest rate so as to aid the growth of the stock market and improving the regulatory environment and decreasing red tape.(original abstract)
Czasopismo
Rocznik
Numer
Strony
60--66
Opis fizyczny
Twórcy
autor
- Hashemite University, Jordania
autor
- Hashemite University, Jordania
autor
- Irbid University, Jordania
Bibliografia
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- Central Bank of Jordan, Annual reports for 1990-2008, Amman, Jordan.
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Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171286201