Threshold Effect of Inflation on the Relationship between Stock Market Index and Interest Rate DOI Creative Commons
Kenan İlarslan

Ekonomi Politika ve Finans Arastirmalari Dergisi, Journal Year: 2024, Volume and Issue: 9(4), P. 779 - 795

Published: Dec. 31, 2024

This research examines how the deposit interest rate impacts Turkey’s stock market index and inflation from January 2003 to June 2024. The empirical findings derived analyses conducted under threshold regression model indicate that has a single impact on connection among rate. Thus, when rates are at 2.67% or lower, rising bank negatively index. Nevertheless, exceed 2.67%, rise in positively influences As result, evidence indicates have nonlinear effect Turkey, which is influenced by level of inflation. These suggest policy implications for investors concerning indices rates.

Language: Английский

Threshold Effect of Inflation on the Relationship between Stock Market Index and Interest Rate DOI Creative Commons
Kenan İlarslan

Ekonomi Politika ve Finans Arastirmalari Dergisi, Journal Year: 2024, Volume and Issue: 9(4), P. 779 - 795

Published: Dec. 31, 2024

This research examines how the deposit interest rate impacts Turkey’s stock market index and inflation from January 2003 to June 2024. The empirical findings derived analyses conducted under threshold regression model indicate that has a single impact on connection among rate. Thus, when rates are at 2.67% or lower, rising bank negatively index. Nevertheless, exceed 2.67%, rise in positively influences As result, evidence indicates have nonlinear effect Turkey, which is influenced by level of inflation. These suggest policy implications for investors concerning indices rates.

Language: Английский

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