Exchange Rate, Exchange Rate Volatility and Stock Prices: an Analysis of the Symmetric and Asymmetric Effect Using ARDL and NARDL Models

Exchange Rate, Exchange Rate Volatility and Stock Prices: an Analysis of the Symmetric and Asymmetric Effect Using ARDL and NARDL Models

This article examined the symmetric and asymmetric effects of the IDR/USD exchange rate and its volatility on stock prices using the monthly time series data of the IDR/USD exchange rate and the Indonesian composite stock price index from January 2006 to July 2019. The data were analyzed using ARDL...

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Bibliographic Details
Main Authors: La Ode Saidi, Abd Azis Muthalib, Pasrun Adam, Wall Aya Rumbia, La Ode Arsad Sani
Format: Article
Language:English
Published: University of Wollongong 2021-08-01
Series:Australasian Accounting, Business and Finance Journal
Subjects:
exchange rate
exchange rate volatility
stock prices
ardl model
nardl model
Online Access:https://ro.uow.edu.au/aabfj/vol15/iss4/11/

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