Central Bank Independence and stock market outcomes: An event study on Borsa Istanbul

AbstractThis study explores the importance of central bank independence on stock market outcomes. Specifically, we examine the effects of President Recep Tayyip Erdogan’s decree, which removes the top officials of the Central Bank of Turkey, on Borsa Istanbul returns. We use a well-established event...

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Bibliographic Details
Main Authors: Ahmad Bash, Abdullah M. Al-Awadhi
Format: Article
Language:English
Published: Taylor & Francis Group 2023-12-01
Series:Cogent Economics & Finance
Subjects:
Online Access:https://www.tandfonline.com/doi/10.1080/23322039.2023.2186032