تأثير مؤشرات الاقتصاد الكلي على مؤشر بورصة باريس CAC40 : دراسة قياسية باستخدام نماذج الانحدار الذاتي للفجوات الزمنية الموزعة المتباطئة ARDL خلال الفترة 1987-2018

Abstract EN

This study aims to test the impact of Macroeconomic indicators on the Paris Stock Exchange CAC40 index during the period 1987-2018, by using the autoregressive distributed lag Method applied on the annual time series of GDP growth rate, Inflation rate, Exchange rate and CAC40 index.

The study shows a long-term equilibrium relationship between the Economic Indicators and the Stock Exchange Index, Where there is a positive and significant relationship of the GDP growth rate with the CAC40 index, And between the Inflation rate and the Exchange rate a negative and significant relationship with the CAC40, These results demonstrate the importance of analyzing the movements of French Macroeconomic Indicators by investors on the Paris Stock Exchange before making their investment decisions.