ASYMMETRIC EFFECTS OF MONETARY POLICY SHOCKS ON STOCK PRICE INDEX IN TEHRAN STOCK EXCHANGE

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

MOUSAVI JAHROMI YEGANEH; ROSTAMI NASRIN

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: FINANCIAL KNOWLEDGE OF SECURITY ANALYSIS (FINANCIAL STUDIES) Year:2015 | Volume:8 | Issue:26 Page(s): 47-62

Download Full-Text

Persian Verion

View:

1,330

Download:

Cites:

Information Journal Paper

Title

ASYMMETRIC EFFECTS OF MONETARY POLICY SHOCKS ON STOCK PRICE INDEX IN TEHRAN STOCK EXCHANGE

Author(s)

MOUSAVI JAHROMI YEGANEH | ROSTAMI NASRIN | Issue Writer Certificate

Keywords

FORESEEN AND UNFORESEEN MONEY SHOCKQ3

POSITIVE AND NEGATIVE IMPULSE OF MONEYQ3

HODRIK-PRESCOTT FILTERQ3

Abstract

This paper examines the effects of monetary policy shocks on stock price index of Tehran Stock Exchange by using time series data of Iran over the period 1991-2010.In this regards, first we divided the money shocks into foreseen and unforeseen and the positive and negative monetary policy using HODRIK-PRESCOTT FILTER, then regressed them on the stocks exchange index.The results showed asymmetric effects of money shocks on stock price index, so that the foreseen and unforeseen impulse of money affect it differently; the fluctuation of the stock price index arising from unforeseen impulse was higher than foreseen impulse. Also, result showed that the negative impulse on money (money decreasing) was affected the stock price index more than positive impulse.

Cites

No record.

References

Cite

APA: Copy

MOUSAVI JAHROMI, YEGANEH, & ROSTAMI, NASRIN. (2015). ASYMMETRIC EFFECTS OF MONETARY POLICY SHOCKS ON STOCK PRICE INDEX IN TEHRAN STOCK EXCHANGE. FINANCIAL KNOWLEDGE OF SECURITY ANALYSIS (FINANCIAL STUDIES), 8(26), 47-62. SID. https://sid.ir/paper/200118/en

Vancouver: Copy

MOUSAVI JAHROMI YEGANEH, ROSTAMI NASRIN. ASYMMETRIC EFFECTS OF MONETARY POLICY SHOCKS ON STOCK PRICE INDEX IN TEHRAN STOCK EXCHANGE. FINANCIAL KNOWLEDGE OF SECURITY ANALYSIS (FINANCIAL STUDIES)[Internet]. 2015;8(26):47-62. Available from: https://sid.ir/paper/200118/en

IEEE: Copy

YEGANEH MOUSAVI JAHROMI, and NASRIN ROSTAMI, “ASYMMETRIC EFFECTS OF MONETARY POLICY SHOCKS ON STOCK PRICE INDEX IN TEHRAN STOCK EXCHANGE,” FINANCIAL KNOWLEDGE OF SECURITY ANALYSIS (FINANCIAL STUDIES), vol. 8, no. 26, pp. 47–62, 2015, [Online]. Available: https://sid.ir/paper/200118/en

Related Journal Papers