Asymmetric Responses of Stock Prices to Money Supply and Oil Prices Shocks in Turkey: New Evidence from a Nonlinear ARDL Approach
<p>This study investigates how stock market prices react to oil prices and money supply shocks in Turkey using a nonlinear ARDL approach. We establish the time series properties of the data using both conventional linear unit root tests and the procedure advanced by Zivot-Andrews (1992) to con...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
EconJournals
2018-07-01
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| Series: | International Journal of Economics and Financial Issues |
| Online Access: | https://www.econjournals.com/index.php/ijefi/article/view/6546 |