{"product_id":"2940148462545","title":"Macroeconomic Determinants of the Stock Market Index for a Major Latin American Country and Policy Implications","description":"Applying the exponential GARCH model and based on a quarterly sample during\u003cbr\u003e1998.Q1-2011.Q2, we find that the Argentine stock market index is positively associated with\u003cbr\u003ereal GDP, the ratio of M2 money supply to GDP, the peso\/USD exchange rate and the U.S.\u003cbr\u003estock market index. It is negatively influenced by the money market rate, government\u003cbr\u003espending as a percent of GDP and the inflation rate. Hence, a strong domestic economy, a\u003cbr\u003elower interest rate, an increased money supply as a percent of GDP, lower government\u003cbr\u003espending as a percent of GDP, depreciation of the Argentine peso, a lower inflation rate, or a\u003cbr\u003erobust U.S. stock market would help the Argentine stock market.","brand":"ReadCycle","offers":[{"title":"Default Title","offer_id":47108679631088,"sku":"2940148462545","price":2.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/2940148462545_p0.jpg?v=1763703426","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/2940148462545","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}