Unveiling the dynamics: Exploring the relationship between emerging stock market prices and macroeconomic indicators through ARDL analysis

Basit Öğe Kaydı
dc.authorid0000-0002-1244-6734
dc.authorid0000-0003-1004-4464
dc.contributor.authorGümüş, Nihat
dc.contributor.authorBaba, Murtala Mustapha
dc.contributor.otherYönetim Bilimleri Fakültesi, İşletme Bölümü
dc.date.accessioned2025-01-03T08:14:28Z
dc.date.available2025-01-03T08:14:28Z
dc.date.issued2024
dc.departmentİHÜ, Yönetim Bilimleri Fakültesi, İşletme Bölümü
dc.departmentİHÜ, Lisansüstü Eğitim Enstitüsü, İşletme Ana Bilim Dalı
dc.description.abstractUsing a panel ARDL model, this study examines the relationship between stock prices and prices in other marketplaces. Examining data for 19 emerging market nations from January 2004 to December 2022, the study investigates how gold prices, interest rates, exchange rates, and inflation affect stock prices. With the exception of gold, the data show a persistently negative association between the variables in the long run. Short-term impacts are negligible overall, with the exception of gold's drawbacks. The 2008 global financial crisis had a short- and long-term negative impact on emerging market stock markets. The COVID-19 epidemic first caused stock market returns to decline, but eventually these effects reverse. In order to promote long-term growth in stock markets, this study emphasizes the significance of prudent fiscal policies meant to lessen government domination in financial markets and solid monetary policies centered on price stability.
dc.identifier.citationGümüş, N. & Baba, M. M. (2024). Unveiling the dynamics: Exploring the relationship between emerging stock market prices and macroeconomic indicators through ARDL analysis. International Econometric Review, 16(1), 24-49.
dc.identifier.endpage49
dc.identifier.issn1308-8793
dc.identifier.issn1308-8815
dc.identifier.issn1308-8807
dc.identifier.issue1
dc.identifier.startpage24
dc.identifier.urihttps://hdl.handle.net/20.500.12154/3147
dc.identifier.volume16
dc.institutionauthorGümüş, Nihat
dc.institutionauthorBaba, Murtala Mustapha
dc.institutionauthorid0000-0002-1244-6734
dc.institutionauthorid0000-0003-1004-4464
dc.language.isoen
dc.publisherEconometric Research Association (ERA)
dc.relation.ispartofInternational Econometric Review
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Öğrenci
dc.relation.publicationcategoryÖğrenci
dc.rightsinfo:eu-repo/semantics/openAccess
dc.subjectEmerging Stock Markets
dc.subjectGold Prices
dc.subjectExchange Rate
dc.subjectInflation
dc.subjectInterest Rate
dc.subjectARDL
dc.titleUnveiling the dynamics: Exploring the relationship between emerging stock market prices and macroeconomic indicators through ARDL analysis
dc.title.alternativeUnveiling the dynamics: Exploring the relationship between emerging stock market prices and macroeconomic factors through ARDL analysis
dc.typeArticle
dspace.entity.typePublication
relation.isAuthorOfPublication9c51bbd6-3b36-41ff-b540-414d48f26ed1
relation.isAuthorOfPublication.latestForDiscovery9c51bbd6-3b36-41ff-b540-414d48f26ed1
relation.isOrgUnitOfPublicationc9253b76-6094-4836-ac99-2fcd5392d68f
relation.isOrgUnitOfPublication.latestForDiscoveryc9253b76-6094-4836-ac99-2fcd5392d68f

Dosyalar

Orijinal paket
Listeleniyor 1 - 1 / 1
Küçük Resim
İsim:
gumus-n.pdf
Boyut:
527.23 KB
Biçim:
Adobe Portable Document Format
Açıklama:
Tam Metin / Full Text
İndir
Lisans paketi
Listeleniyor 1 - 1 / 1
[ N/A ]
İsim:
license.txt
Boyut:
1.17 KB
Biçim:
Item-specific license agreed upon to submission
Açıklama:
İndir

Koleksiyon

İşletme Bölümü Koleksiyonu
Lisansüstü Eğitim Enstitüsü Diğer Yayınlar Koleksiyonu