The interaction between stock prices and interest rates in Turkey: empirical evidence from ARDL bounds test cointegration

The interaction between stock prices and interest rates in Turkey: empirical evidence from ARDL bounds test cointegration

Abstract This paper demonstrates a significant, long-running relationship between stock prices and domestic interest rates in Turkey’s financial markets for the period of 2001 M1 – 2017 M4. Cointegration analysis is investigated using the autoregressive-distributed lag bounds (ARDL Bounds) test and...

Full description

Bibliographic Details
Main Author: Turgut Tursoy
Format: Article
Language:English
Published: SpringerOpen 2019-02-01
Series:Financial Innovation
Subjects:
Stock price
Interest rates
Cointegration
ARDL
VAR
Online Access:http://link.springer.com/article/10.1186/s40854-019-0124-6

Internet

http://link.springer.com/article/10.1186/s40854-019-0124-6

Similar Items