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https://doi.org/10.62836/emi.v4i6.555
Xia, Y. (2025). Stock Market Volatility and Macroeconomic Factors: Evidence from Emerging Markets. Economics & Management Information, 1–6. https://doi.org/10.62836/emi.v4i6.555
Volume 4, Issue 6, December 2025
Copyright (c) 2025 Yuting Xia
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This work is licensed under a Creative Commons Attribution 4.0 International License.

Stock Market Volatility and Macroeconomic Factors: Evidence from Emerging Markets

This study investigates the relationship between stock market volatility and key macroeconomic factors in emerging markets. Using panel data from multiple emerging economies over the past two decades, we examine how indicators such as inflation, interest rates, exchange rates, and economic growth influence stock market fluctuations. Our empirical analysis employs advanced econometric models to capture both short-term and long-term dynamics. The findings suggest that macroeconomic instability significantly contributes to increased market volatility, with variations across different regions and market structures. The study provides insights for investors, policymakers, and financial analysts seeking to understand and manage risks in emerging market equities.

stock market volatility macroeconomic factors emerging markets inflation interest rates exchange rates economic growth panel data analysis

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Supporting Agencies

  1. Funding: This research received no external funding.