Economic policy uncertainty and the US stock market trading: non-ARDL evidence

The present study investigates the impact of economic policy uncertainty, and economic factors on the stock market index in the USA using Non-ARDL and Quantile models. The findings reveal that declining economic and economic-political factors will increase the stock market index in the US. The resul...

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Veröffentlicht in:Future Business Journal 2022-12, Vol.8 (1), p.1-10, Article 36
Hauptverfasser: Javaheri, Bakhtiar, habibi, Fateh, Amani, Ramin
Format: Artikel
Sprache:eng
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Zusammenfassung:The present study investigates the impact of economic policy uncertainty, and economic factors on the stock market index in the USA using Non-ARDL and Quantile models. The findings reveal that declining economic and economic-political factors will increase the stock market index in the US. The results indicate that the effect of inflation and GDP variables follows a nonlinear pattern. Similar results using quantitative regression showed asymmetric impacts of inflation and GDP on stock market transactions.
ISSN:2314-7210
2314-7202
2314-7210
DOI:10.1186/s43093-022-00150-8