Emir, Olcay Yucel; Ozatay, Fatih; Sahinbeyoğlu, Gulbin - In: Applied Economics 39 (2007) 3, pp. 329-342
It has been widely demonstrated that asset prices react sensitively to macroeconomic news releases both in the industrialized countries and emerging markets. However, there are contradicting results on the effects of changes in interest rates of industrialized countries on asset prices of...