Auswirkungen von währungsschwankungen auf eigen- und fremdkapitalinvestitionen

The book examines the relationship between currency, equity, and debt market investments. It analyzes the effects of currency fluctuations on investments in equity and debt, as well as the future development of equity and debt based on currency movements. Currency fluctuations and the methods of the vector error correction model, ordinary least squares, and vector autoregression model are applied to monthly data from 2010/11 to 2018/19, covering equity and debt asset classes. The data were analyzed using the vector error correction model to illustrate the relationship between equity, debt, and currency fluctuations. The independent variable is currency, while the dependent variables are equity and debt. The model demonstrates that there is a relationship with stock prices.