An Analysis of the Turmoil in the Stock Market: Issues and Challenges for Monetary Policy
Published By: Monetary Policy Department and Research Department | Published Date: April, 01 , 2013The objective of this study is to examine the characteristics of the stock market bubble burst in Bangladesh and policy response for the sample period from 2004:7-2013:2. This paper also discusses the causes of bubble bust cycle and its relationship with the some macro and bank specific variables in Bangladesh. The Pairwise Granger Causality tests, Cointegration and Vector Error Correction Model (VECM) are used to estimate the model.
Author(s): Dr. Sayera Younus, Sheikh Md. Nurul Islam | Posted on: Dec 15, 2015 | Views()