Open AccessMACROECONOMIC VARIABLES AND VOLUME OF TRANSACTIONS ON TEHRAN STOCK EXCHANGE
Author(s) -
Farzaneh Haghighat Nia,
Naser Shams Gharneh
Publication year - 2021
Publication title -
revista de investigaciones universidad del quindio
Language(s) - English
Resource type - Journals
eISSN - 2500-5782
pISSN - 1794-631X
DOI - 10.33975/riuq.vol33n2.472
Subject(s) - economics , market liquidity , ordinary least squares , econometrics , exchange rate , inflation (cosmology) , stock exchange , monetary economics , volume (thermodynamics) , stock (firearms) , value (mathematics) , variables , statistics , mathematics , finance , geography , physics , archaeology , quantum mechanics , theoretical physics
This paper examines the relationship between the volume of transactions and macroeconomic variables on the Tehran Stock Exchange. We are collect data for variables such as liquidity, inflation, exchange rate, the total value of imports and GDP for ten years period of 2009-2019. For analysis of data, have been used regression analytical method and ordinary least squares method (OLS) model. The results indicate that there are relationships between the macroeconomic variables of liquidity, inflation rate, and GDP with the volume of transactions. Therefore, the relationship between the volume of transactions with liquidity and GDP is positive and significant and with inflation is negative.