Chapter 19. Impact of Macroeconomic Indicators on Short Selling
Evidence from the Tokyo Stock Exchange
M. Nihat Solakoglu and Mehmet Orhan
19.1 Introduction 288
19.4 Conclusion 298
This study is an attempt to analyze the behavior of short selling due to changes in main macroeconomic indicators of output, interest rate (in terms of bond yields), and exchange rate, as well as the stock exchange index, namely the Nikkei 225. In addition, this chapter examines the ...