Gulf Cooperation Council Stock Returns and the Effect of Domestic Monetary Policy Shocks

Rashid Sbia; Helmi Hamdi; Bedri Kamil Onur Tas; Sahel Al Rousane

EN

Gulf Cooperation Council Stock Returns and the Effect of Domestic Monetary Policy Shocks

Abstract

The aim of this paper is to analyze the effect of monetary policy on stock returns and stock return variability in the Gulf Cooperation Council (GCC) Countries namely; Bahrain, Kuwait, Oman, Qatar and Saudi Arabia (United Arab Emirates was excluded for non-availability of the data). The empirical results reveal that the impact of policy interest rates on stock markets varies among GCC countries. These results have an important policy implication for the single market project and monetary union between GCC countries.

Keywords

Stock Market, Monetary Policy, Gulf Cooperation Council Countries

Details

Primary Language

English

Subjects

-

Journal Section

-

Authors

Rashid Sbia This is me

Helmi Hamdi This is me

Bedri Kamil Onur Tas This is me

Sahel Al Rousane This is me

Publication Date

April 1, 2016

Submission Date

April 1, 2016

Acceptance Date

-

Published in Issue

Year 2016 Volume: 6 Number: 2

IZ

https://izlik.org/JA47HN45KJ

Cite

RIS / Bibtex

APA

Sbia, R., Hamdi, H., Tas, B. K. O., & Rousane, S. A. (2016). Gulf Cooperation Council Stock Returns and the Effect of Domestic Monetary Policy Shocks. International Journal of Economics and Financial Issues, 6(2), 629-639. https://izlik.org/JA47HN45KJ

AMA

1.Sbia R, Hamdi H, Tas BKO, Rousane SA. Gulf Cooperation Council Stock Returns and the Effect of Domestic Monetary Policy Shocks. IJEFI. 2016;6(2):629-639. https://izlik.org/JA47HN45KJ

Chicago

Sbia, Rashid, Helmi Hamdi, Bedri Kamil Onur Tas, and Sahel Al Rousane. 2016. “Gulf Cooperation Council Stock Returns and the Effect of Domestic Monetary Policy Shocks”. International Journal of Economics and Financial Issues 6 (2): 629-39. https://izlik.org/JA47HN45KJ.

EndNote

Sbia R, Hamdi H, Tas BKO, Rousane SA (April 1, 2016) Gulf Cooperation Council Stock Returns and the Effect of Domestic Monetary Policy Shocks. International Journal of Economics and Financial Issues 6 2 629–639.

IEEE

[1]R. Sbia, H. Hamdi, B. K. O. Tas, and S. A. Rousane, “Gulf Cooperation Council Stock Returns and the Effect of Domestic Monetary Policy Shocks”, IJEFI, vol. 6, no. 2, pp. 629–639, Apr. 2016, [Online]. Available: https://izlik.org/JA47HN45KJ

ISNAD

Sbia, Rashid - Hamdi, Helmi - Tas, Bedri Kamil Onur - Rousane, Sahel Al. “Gulf Cooperation Council Stock Returns and the Effect of Domestic Monetary Policy Shocks”. International Journal of Economics and Financial Issues 6/2 (April 1, 2016): 629-639. https://izlik.org/JA47HN45KJ.

JAMA

1.Sbia R, Hamdi H, Tas BKO, Rousane SA. Gulf Cooperation Council Stock Returns and the Effect of Domestic Monetary Policy Shocks. IJEFI. 2016;6:629–639.

MLA

Sbia, Rashid, et al. “Gulf Cooperation Council Stock Returns and the Effect of Domestic Monetary Policy Shocks”. International Journal of Economics and Financial Issues, vol. 6, no. 2, Apr. 2016, pp. 629-3, https://izlik.org/JA47HN45KJ.

Vancouver

1.Rashid Sbia, Helmi Hamdi, Bedri Kamil Onur Tas, Sahel Al Rousane. Gulf Cooperation Council Stock Returns and the Effect of Domestic Monetary Policy Shocks. IJEFI [Internet]. 2016 Apr. 1;6(2):629-3. Available from: https://izlik.org/JA47HN45KJ