Exploring the Nexus between Macroeconomic Variables and Stock Market Returns in Nepal: An ARDL Bounds Testing Approach
Published Date: 2025-01-20
Background: Investors and policymakers must understand how
macroeconomic variables (MEVs) affect stock market behavior
to maximize portfolios and maintain economic stability. Hence,
it is crucial to establish a nexus between MEVs and stock
market returns (SMRs).