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

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作者
Bakhtiar Javaheri
Fateh habibi
Ramin Amani
机构
[1] University of Kurdistan,Department of Economics
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关键词
Economic policy uncertainty; Economic factors; Stock market; Non-ARDL; United States; C01; C32; G10;
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摘要
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.
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