| acknowledgement | 第3-4页 |
| dedication | 第4-5页 |
| abstract | 第5-7页 |
| 摘要 | 第8-16页 |
| Chapter 1 Introduction | 第16-27页 |
| 1.1 Background of the study | 第16-20页 |
| 1.2 Objectives of the study | 第20页 |
| 1.3 Research Questions | 第20-21页 |
| 1.4 Hypothesis of the study | 第21-23页 |
| 1.5 Significance of the Research | 第23-24页 |
| 1.6 Summary and Structure of the Thesis | 第24-27页 |
| Chapter 2 Theroretical Background and Literature Review | 第27-49页 |
| 2.1 Theoretical Background | 第27-34页 |
| 2.1.1 Efficient Market Hypothesis (EMH) | 第27-28页 |
| 2.1.2 Dividend Discount Model (DDM) | 第28-30页 |
| 2.1.3 The Capital Asset Pricing Model (CAPM) | 第30-32页 |
| 2.1.4 Arbitrage Pricing Theory (APT) | 第32-34页 |
| 2.2 Literature Review | 第34-49页 |
| 2.2.1 Prior literature relating to risk-return relations | 第34-36页 |
| 2.2.2 Prior research relating to stock market volatility | 第36-39页 |
| 2.2.3 Relationship between macroeconomic fundamentals and stock price | 第39-43页 |
| 2.2.4 Extant studies relating to macroeconomic uncertainty and stock marketvolatility | 第43-49页 |
| Chapter 3 An overview of Bangladesh economy and capital market | 第49-71页 |
| 3.1 Overview of Bangladesh Economy | 第49-57页 |
| 3.1.1 Background of Bangladesh Economy | 第49-50页 |
| 3.1.2 History of Bangladesh Economy | 第50-52页 |
| 3.1.3 Macroeconomic Performance of Bangladesh, 2005-2016 | 第52-57页 |
| 3.2 Overview of Bangladesh Stock Market | 第57-66页 |
| 3.2.1 Dhaka Stock Exchange (DSE) | 第59-64页 |
| 3.2.2 Chittagong Stock Index (CSE) | 第64-66页 |
| 3.3 Bangladesh Stock market debacle of 2010-2011 | 第66-71页 |
| Chapter 4 Methodology | 第71-82页 |
| 4.1 Methodology used in analyzing risk-return relations and time-varying stockmarket volatility | 第71-76页 |
| 4.1.1 GARCH family of models | 第71-75页 |
| 4.1.2 Non- Gaussian Error Distribution | 第75-76页 |
| 4.2 Methodology used in analyzing stock market volatility and variations inmacroeconomic uncertainties | 第76-82页 |
| 4.2.1 GARCH family of models | 第76-79页 |
| 4.2.2 Vector Autoregressive (VAR) Model | 第79-80页 |
| 4.2.3 Block Exogeneity Test | 第80页 |
| 4.2.4 Variance Decomposition | 第80页 |
| 4.2.5 Impulse Response Function (IRF) | 第80-82页 |
| Chapter 5 Time-varying risk-return relation and volatility ofBangladesh stock market | 第82-105页 |
| 5.1 Introduction | 第82-84页 |
| 5.2 Data and Descriptive statistics | 第84-88页 |
| 5.3 Results and discussion of the study | 第88-97页 |
| 5.3.1 Results of GARCH family of models for the full sample, pre-debacle,debacle and post-debacle period | 第88-97页 |
| 5.4 Findings of the study | 第97-103页 |
| 5.5 Conclusion | 第103-105页 |
| Chapter 6 Conditional stock market volatility and Macroeconomicuncertainty:Evidence from Bangladesh stock market | 第105-146页 |
| 6.1 Introduction | 第105-107页 |
| 6.2 Data and relevant variables | 第107-112页 |
| 6.2.1 Data | 第107-108页 |
| 6.2.2 Macroeconomic variables used in this study | 第108-112页 |
| 6.3 Empirical results and analysis of the study | 第112-140页 |
| 6.3.1 Descriptive statistics | 第112-117页 |
| 6.3.2 Results of GARCH family of models for the pre-debacle, post-debacle andfull sample period | 第117-123页 |
| 6.3.3 Results of GARCH family of models for full sample period consideringstructural breaks | 第123-125页 |
| 6.3.4 Effect of macroeconomic volatility to stock market volatility | 第125-128页 |
| 6.3.5 Vector Auto Regression (VAR) | 第128-140页 |
| 6.4 Findings of the study | 第140-143页 |
| 6.5 Conclusion | 第143-146页 |
| Chapter 7 Conclusion and Recommendations | 第146-151页 |
| 7.1 Major findings of the study | 第146-148页 |
| 7.2 Recommendations | 第148-150页 |
| 7.3 Avenues for further research | 第150-151页 |
| References | 第151-169页 |
