This study analyzes the stock market condition before, during, and after financial crisis in United States using The Fed Model Approach. The purpose of this study is valuing the capital markets in Asia years of 2003-2011. The research model used by the approach of The Fed Model has three stages of testing namely, stock-bond correlation test, valuation gaps test, and cointegration test. The result of this study showed that among seven countries that are taken as a sample, only one country that passed the three tests of the Fed Model.
|Journal||Jurnal EK dan BI|
|Publication status||Published - 1 Dec 2017|
- The Fed Model, korelasi saham-obligasi, penilaian kesenjangan, kointegrasi.