Effect of the Structure of Investors on the Dynamics of the Stock Market

Student: Smirnova Aleksandra

Educational Programme: Economics (Bachelor)

Final Grade: 7

Year of Graduation: 2016

In this paper the impact of investor structure on the dynamics of government bond yields was analized. The share of non-residents was chosen as a variable characterizing the investor base. The study was conducted on a sample of emerging markets using a common methodology. As a result, significant evaluation were obtained, the impact of the share of non-residents was positive. The result is the opposite to the findings obtained by other researchers on samples of the developed markets.

Full text (added May 12, 2016)

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