Title:causality between stock prices and exchange rates: a case of the united states

Abstract: this thesis investigates the direction of causality as well as short-run dynamics and long-run equilibrium relationship betwwen stock prices and exchange rates using quarterly data for the period1960:1-2004:4.the study apply techniques of the unit root, cointegration and standard granger causality tests to examine the relationship between these two financial variables. the empirical results reveal that there is no causal linkage and .....