10.3389/fams.2019.00049.s002
Ercan Özen
Ercan
Özen
Metin Tetik
Metin
Tetik
Table_2_Did Developed and Developing Stock Markets React Similarly to Dow Jones in During 2008 Crisis?.docx
Frontiers
2019
stock markets
market reaction
Dow Jones
financial crisis
FED
developing markets
developed markets
ECM
2019-10-04 14:30:48
Dataset
https://frontiersin.figshare.com/articles/dataset/Table_2_Did_Developed_and_Developing_Stock_Markets_React_Similarly_to_Dow_Jones_in_During_2008_Crisis_docx/9939359
<p>The aim of this study is to determine whether the stock indices of some developed and developing countries react similarly to the price movements in the Dow Jones Industrial Average (DJIA). In this study, the impact of DJIA on other indices during the 2008 global financial crisis, was explored by using the Vector Error Correction Model. The data used was analyzed in two periods: (1) the expansionary period; and (2) the contractionary period of the FED's policies. The results of the analysis indicate that the developed and emerging stock markets react differently to the DJIA. The results include important findings for decisions by financial investors and policy makers.</p>