The price of goods can be tested, and the long-term information used is contained in

The prices of stocks and commodities. The dynamic response mode has two variables respectively.

(the rise of stock price and commodity price), an innovative simulation of the use of a specific variable.

Estimate the response of the system, followed by VECM estimation.

The reaction index of stock price takes unexpected action (innovation or

CP influence) and plus or minus two standard deviations are shown in figure 1.

This picture shows the impact of this unexpected movement on the commodity price index.

The stock price index changes with time. This is shown in the impulse response function. As we can see.

Judging from the figure in figure 1, apart from this case with Malaysia, the initial short-term reaction.

All stock price indexes are negatively affected by positive consumer prices.

Standard deviation. Negative short-term relationship between stock returns and inflation

The interest rate found in this study can be attributed to this negative answer. This short-term decline

Fisher effect is common in literature.

From the figure 1, it can be concluded that the negative impact after a short time will hit the stock.

The price and pulse function will return to zero for all countries except Malaysia.

Later it turned positive. This positive long-term effect of inflation

The stock price is consistent with Jaffe's previous research and Mandelker's quotation.

Buduk is like Richardson.