Abstract

The main aim of this article is to present the correlations between different macroeconomic indicators such as inflation rate or interest rate and the dynamics of investment fund in U.S. and Romania. The direct relationship between inflation rate and net subscription of stock funds in the US market is validated, while in the case of Romania cannot be confirmed. On the other hand, a lower interest rate in US means investing people’s savings in monetary and bond funds. Unfortunately, in Romania we found low correlation between benchmark interest rate and bond funds. Instead, in Romania, we validated the direct relationship between monetary funds and the benchmark interest rate.

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