Influence of Macroeconomic Indicators on the Russian Stock Market

Student: Rakhimova Nargiza

Supervisor: Sergey M. Menshikov

Educational Programme: Economics (Bachelor)

Year of Graduation: 2017

The impact of macro indicators on the stock market of Russia is one of the most important topic in recent years. The research of this problem is useful for the scientist, the participants of the stock market and the makers of monetary policy. The work is based on the regression analysis, Dickey-Fuller test, Granger test and Johansen test. Oil prices are statistically significant throughout the period from 2003 to 2015. It is interesting, that as the geopolitical situation has changed, the influence of foreign indices has decreased.

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