Theoretical and Applied Economics
No. 2 / 2023 (635), Summer
Measuring stock market uncertainty
University of Hyderabad, India
Abstract. This paper constructs economic uncertainty measure for India using daily stock market indicators and compare with widely used proxy for uncertainty i.e., the VIX. It is observed that constructed measure is a better suitable proxy for economic uncertainty than VIX. Also, the study uses wavelet analysis to understand the association between uncertainty and other high- frequency indicators of the Economy. Wavelet analysis depicts a strong covariance between the uncertainty and other indicators in periods of high uncertainty.
Contents
The future of money and the money supply
Implications of migration policies on reducing income inequalities and poverty in Europe
The green and digital transition through innovation, SME competitiveness, and economic resilience: Evidence from the European Union economies
An analysis regarding the transition from quantitative easing to quantitative tightening in the Euro Area
Modern leadership in business organisations during economic disruption
Does the effectiveness of money supply and foreign direct investment determine the industrial growth performance in India?
The effect of poverty and income inequality on CO2 emission based on Environmental Kuznets Curve analysis: Empirical evidence from selected developing countries
Can renewable energy sources pump the economy
Evolution of growth theory: from Harrod to Romer
Role of information systems for management in multispeciality hospitals to improve performance: A conceptual framework
Measuring stock market uncertainty
Frequency domain causality analysis of financial development and economic growth in Côte d’Ivoire
Theoretical framework to introduce rainfall index-based futures contracts in India
Quest of dynamic linkages between monetary factors and food inflation in India
Does foreign direct investment contribute to reducing unemployment in Algeria?
An enquiry into extreme price movements of the cryptocurrencies in the backdrop of COVID-19
Effect of inflation on the growth and development of the Pakistan economy: An empirical analysis