Bash, Ahmad; Al-Awadhi, Abdullah M. - In: Cogent economics & finance 11 (2023) 1, pp. 1-15
This study explores the importance of central bank independence on stock market outcomes. Specifically, we examine the … effects of President Recep Tayyip Erdogan's decree, which removes the top officials of the Central Bank of Turkey, on Borsa … results support the importance of central bank independence, revealing that political intervention in central banks has a …