Doğuş Üniversitesi Dergisi

Doğuş Üniversitesi Dergisi

Asset Price Channel: Evidence from Turkey

Yazarlar: gülden şengün, akmyrat amanov

Cilt 20 , Sayı 2 , 2019 , Sayfalar -

Konular:-

Anahtar Kelimeler:Asset Price Channel,ARDL Model,Monetary Policy

Özet: The power and interaction process of the effects of decisions on monetary policy on economic indicators remains uncertain. The asset price channel explains dynamic interactions of monetary policy. In this study, the effectiveness of asset price channel in Turkey's economy for a sample period of 2003Q1-2017Q4 was examined. The ARDL modeling and bounds testing is used to show long-run relationships between variables. According to the findings; there is a long-run equilibrium relationship between the stock prices and the investment expenditures, while there is no long-run relationship between the stock prices and consumption expenditures. To conclude, stock prices have a predictable effect on the investment expenditures, and stock prices may be a good indicator of economic activities.

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@article{2019, title={Asset Price Channel: Evidence from Turkey}, volume={20}, publisher={Doğuş Üniversitesi Dergisi}, author={gülden şengün, akmyrat amanov}, year={2019} }
APA
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gülden şengün, akmyrat amanov. (2019). Asset Price Channel: Evidence from Turkey (Vol. 20). Vol. 20. Doğuş Üniversitesi Dergisi.
MLA
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gülden şengün, akmyrat amanov. Asset Price Channel: Evidence from Turkey. no., Doğuş Üniversitesi Dergisi, 2019.
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