期刊名称：Journal of Economics and International Finance
电子版ISSN：2006-9812
出版年度：2012
卷号：4
期号：3
页码：69-78
DOI：10.5897/JEIF11.132
语种：English
出版社：Academic Journals
摘要：The performance of hedge funds and other financial institutions has been carefully studied during the last financial crisis. In our study which spans through a time period of 31 December, 1999 to 21 June, 2011, the relationship between global hedge fund indice and Federal Reserve’s effective interest rate, and the relationship between the 10 year-term Treasury bill and the M2 monetary supply variables as the United States' economy indicator was tested with vector autoregression analysis (VAR). Based on the results obtained, the indices stastistically and significantly reflect the developments guiding the U.S. economy and then became effective on our present variables.
