Central Bank Credibility’s Effect on Stock Exchange Returns’ Volatility: Evidence from OECD Countries
Central bank characteristics are important determinants of stock market returns and their volatility. While the literature has examined the effects of transparency and independence, no research has been conducted so far on the effect of central bank credibility on stock market returns’ volatility. A...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2023-10-01
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Series: | Economies |
Subjects: | |
Online Access: | https://www.mdpi.com/2227-7099/11/10/257 |