Abbasi Nejad, H; Mohammadi, S; Ebrahimi, S. (2017). Dynamics of the relationship between macroeconomic variables and stock market index. Quarterly Journal of Financial Management and Asset Supply, 5 (1), 82-61. (In Persian)
Afshari, Z; Tavakolian, H; Bayat, M. (2018). Examining the impact of shocks in the overall stock price index on macroeconomic variables using the DSGE approach. Economic Researches (Growth and Sustainable Development), 18 (2), 81-103. (In Persian)
Ahangari, A.M; Arman, S.A; Anvari, E; & Eskandari, H. (2023). The effect of uncertainty in financial markets on real macroeconomic variables with emphasis on the overlapping generation model (DSGE approach). Journal of Securities Exchange, 15(60), 171-206. 10.22034/JSE.2022.11799.1863. (In Persian)
Barunik, J; & Krehlik, T. (2018). Measuring the frequency dynamics of financial connectedness and systemic risk. J. Financial Econ, 16(2), 271–296. https://doi.org/ 10.2139/ssrn.2627599.
Chan, J.C; Grant, A.L. (2016). Modeling energy price dynamics: GARCH versus stochastic volatility. Energy Econ, 54, 182–189. http://dx.doi.org/10. 1016/j.eneco.2015.12.003
Chowdhury, S; & Rahman, M. (2004). On the empirical relation between macroeconomic volatility and stock market volatility of Bangladesh. Global Journal of Finance and Economics 1(2), 209-225.
Dayıoglu, T; & Aydın, Y. (2019). Relationship between the Volatility of Stock Returns and the Volatility of Macroeconomic Variables: A Case of Turkey. American Journal of Theoretical and Applied Business, 5(2), 40-46.
Diebold, F.X; & Yilmaz, K. (2009). Measuring financial asset return and volatility spillovers, with application to global equity markets. Econ. J, 119 (534), 158–171. https://doi.org/ 10.1111/j.1468-0297.2008.02208.x.
Diebold, F.X; & Yilmaz, K. (2012). Better to give than to receive: Predictive directional measurement of volatility spillovers. Int. J. Forecast, 28 (1), 57–66. https://doi.org/ 10.1016/j.ijforecast.2011.02.006.
Dornbusch, R. Fischer, S. (1980). Exchange Rates and the Current Account. The American Economic Review, 70(5), 960–971.
Ebrahimi, M. (2019). Investigating the impact of macroeconomic variables on the Iranian stock market using data mining algorithms. Financial Economics, 13 (49), 283-309. (In Persian)
Fama, E. F. (1981). Stock returns, real activity, inflation and money. American Economic Review, 545-564.
Gavin, M. (1989). The stock market and exchange rate dynamics. Journal of International Money and Finance, 8, 181–200.
Gorjipour, M. J; Osmani, F; & Ebrahimi Salari, T. (2021). Investigating the Effect of Macroeconomic Factors on Stock Returns during the Outbreak of Covid-19 (Case Study of Selected Industries of Tehran Stock Exchange).
Quarterly journal of Industrial Economic Researches, 5(17), 59-70.
https://doi.org/10.30473/indeco.2022.8369. (In Persian)
Gujarati's, D. (2013). The basics of econometrics, the second volume. (Translated with H. Abrishami), Tehran: Tehran University Publications. (In Persian)
Hashmi, S. M; & Chang, B. H. (2023). Asymmetric effect of macroeconomic variables on the emerging stock indices: A quantile ARDL approach. International Journal of Finance & Economics, 28(1), 1006-1024.
Hatamerad, S; Adrangi, B; Asgharpur, H. & Haghighat, J. (2023). Investigating the Impact of Macroeconomic Factors on the Iranian Stock Price Index by Using Averaging Methods.
Iranian Journal of Economic Research, 28(95), 193-236.
https://doi.org/10.22054/ijer.2023.71810.1164. (In Persian)
Hussain, S; Omar, A. B; Abbas, M. S; & e Ali, M. S. (2023). Do the macroeconomic forces affect stock market development? An empirical investigation from G-10 economies. Journal of Contemporary Macroeconomic Issues, 4(1), 78-91.
Jurado, K; Ludvigson, S. C; & Ng, S. (2015). Measuring Uncertainty. American Economic Review, 105, 1177–1216.
Khan, M. K; Teng, J. Z; Khan, M. I; & Khan, M. F. (2021). Stock market reaction to macroeconomic variables: an assessment with dynamic autoregressive distributed lag simulations. International Journal of Finance & Economics, 28(3), 2436-2448.
Knight, F. H. (1921). Risk, Uncertainty and Profit. Boston: Houghton Mifflin, Reprinted with Introduction by G. J. Stigler. Chicago: University of Chicago Press. 1971.
Madurapperuma, W. (2023). The dynamic relationship between economic crisis, macroeconomic variables and stock prices in Sri Lanka. Journal of Money and Business, 3(1), 25-42.
Majeed, B. N. (2022). The effect of macroeconomic variables on stock exchange market performance: Iraq stock exchange market as an example. Journal of Kurdistani for Strategic Studies, (3).
Manel, Y; Khaled, M; & Noomen, A. A. (2021). Dynamic connectedness between stock markets in the presence of the COVID-19 pandemic: Does economic policy uncertainty matter? Financial Innovation, 7, 13.
Markowitz,H. (1952). Portfolio Selection. The Journal of Finance, 7(1), 77-91.
Mashayekhi, B; Tahriri, A; Ganji, H, & Askari, M.R. (2011). The Impact of Macroeconomic Variables on the Relation between Fundamental Variables Derived from Financial Statements and Stock Returns. Journal of Securities Exchange, 3(12), 109-127. (In Persian)
Musavi, S.R, Negahdari, E; Asadpoor, A.A; & Kamali, M. (2023). Investigating the asymmetric effects of major macroeconomic indicators on the stock market price index in the main trading partner countries of Iran: a quantile regression approach.
Quarterly Journal of Quantitative Economics, Accepted manuscript available online from 08 July 2023,
https://doi.org/10.22055/jqe.2023.42705.2534. (In Persian)
Schwert, G.W. (1989). Why does stock market volatility change over time? The Journal of Finance, 44(5), 1115-1153.
Sharp, W. F. (1963). A Simplified Model for Portfolio Analysis. Management Science, 9(2), 277-293.
Yavari, K; Sahabi, B; Aghli, L; Shafiei, S. (2016). Uncertainty regarding monetary policies and its economic effects. Quarterly Journal of Quantitative Economics (Former Economic Reviews), 13 (1), 69-96. (In Persian)
