The Impact of the Volatility of the US Government Bonds Rate on the Islamic Index Return

Autor:	Irfan DJEDOVIĆ, Ugur ERGUN
Jazyk:	angličtina
Rok vydání:	2018
Předmět:	Islamic stock market index US Government bonds volatility return. Business HF5001-6182
Zdroj:	Eurasian Journal of Business and Economics, Vol 11, Iss 21, Pp 87-100 (2018)
Druh dokumentu:	article
ISSN:	1694-5948 1694-5972
DOI:	10.17015/ejbe.2018.021.05
Popis:	This study investigates the impact of the US monetary policy, represented through the volatility of the US government bonds rate, on the return of Dow Jones UK Islamic index. Monthly observations spans, in the period between December 2006 and June 2017, are obtained from the International Monetary Fund database. The OLS regression and granger causality analysis are used to investigate the impact. The results of the analysis show that there is significant impact of the US monetary policy on the Dow Jones UK Islamic index return.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/8e800e99ee7845889cc4596cbce3ac5d Zobrazit plný text záznamu View record in DOAJ Plný text ve formátu PDF