1. bookVolume 5 (2016): Issue 1 (January 2016)
Journal Details
License
Format
Journal
eISSN
2336-9205
First Published
11 Mar 2014
Publication timeframe
3 times per year
Languages
English
access type Open Access

Macroeconomic Policies Interaction & the Symmetry of Financial Markets’ Responses

Published Online: 26 Jan 2016
Volume & Issue: Volume 5 (2016) - Issue 1 (January 2016)
Page range: 53 - 69
Journal Details
License
Format
Journal
eISSN
2336-9205
First Published
11 Mar 2014
Publication timeframe
3 times per year
Languages
English
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.

Keywords

JEL Classification:

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