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

Autor: Javaheri, Bakhtiar, habibi, Fateh, Amani, Ramin
Zdroj: Future Business Journal; December 2022, Vol. 8 Issue: 1
Abstrakt: 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.
Databáze: Supplemental Index