Impact of macroeconomic variables and as hidden debt on Market Sentiment

• Autor(a) principal: Fobra, Diana da Otília Manuel Fobra
• Data de Publicação: 2022
• Outros Autores: Mavundla, Lucio Daniel
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: REVES - Revista Relações Sociais
• Texto Completo: https://periodicos.ufv.br/reves/article/view/14524
• topic: Macroeconomic variables. Dues. Market Sentiment.; Variáveis Macroeconômicas. Dívidas. Sentimento de Mercado.

The survey assessed the impact of macroeconomic variables and the hidden debt scandal on market sentiment (measured by the consumer confidence index). For this, we opted for a quantitative approach that will use statistical and mathematical procedures for data analysis and interpretation. Monthly data were used from January 2006 to September 2015 made available by INE and Banco de Moçambique. Descriptive statistics were developed using STATA software, which means of graphs and empirical model based on the method of ordinary least squares. It was observed that the exchange rate, dummy Debts, Selic (-1) and IPCA (-1) exert negative influence on market sentiment. The consumer confidence index in the previous period was shown to have a positive influence on the index of the current month.