The Causality Effects Among Macroeconomic Factors and Emerging Market Stock I…

This study investigates the causality effects among macroeconomic factors i.e. inflation rate, interest rate and GDP; and emerging market stock indices i.e. stock index of China, India, South Korea and Malaysia to Jakarta Composite Index from January 2003 to December 2012. This study employs Granger causality test as research methodology to determine whether or not there are causality effects a…