Macroeconomic Policies Interaction &amp; the Symmetry of Financial Markets’ Responses

Muhammad Ali Nasir; Alaa M. Soliman; Milton Yago; Junjie Wu

doi:10.1515/jcbtp-2016-0003

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Macroeconomic Policies Interaction & the Symmetry of Financial Markets’ Responses

Journal of Central Banking Theory and Practice

Volume 5 (2016): Issue 1 (January 2016)

By: Muhammad Ali Nasir, Alaa M. Soliman, Milton Yago and Junjie Wu

Open Access

|Jan 2016

Abstract

This concise study analyses the symmetry of financial markets’ responses to macroeconomic policy interaction in the United Kingdom. Employing the Vector Auto-regression (VAR) model on monthly data of the British financial sector and macroeconomic policies from January 1985 to August 2008, this study found that the equity and sovereign debt markets showed identical symmetry in response to macroeconomic policy interaction.

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Articles in this issue

DOI: https://doi.org/10.1515/jcbtp-2016-0003 | Journal eISSN: 2336-9205

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Language: English

Page range: 53 - 69

Published on: Jan 26, 2016

Published by: Central Bank of Montenegro

In partnership with: Paradigm Publishing Services

Publication frequency: 3 issues per year

Keywords:

Financial Markets,

Macroeconomic Policy Interaction,

Symmetry of financial markets responses

Related subjects:

Business and economics,

Business management,

Business management, other

© 2016 Muhammad Ali Nasir, Alaa M. Soliman, Milton Yago, Junjie Wu, published by Central Bank of Montenegro
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Volume 5 (2016): Issue 1 (January 2016)