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The aim of this study is to analyze the role and explain the relationship between quantitative easing (and) the US stock market growth 1870-2020. We use spectral analysis and spectral Granger causality to explore the link. Empirical results show a high degree of coherence between quantitative...
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As an important indicator for the central banks that adopting inflation targeting regime, this paper aims to construct a monetary conditions index (MCI) for Turkey based on the weighted sum approach covering the period of 1986:05-2018:10. As a novelty time-varying parameter vector autoregressive...
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