Using The Non-Linear Autoregressive Distributed Lag -Regression Model To Study The Effect Of Inflation On Stock Returns "Econometric Study On Insurance Companies Listed On The Damascus Stock Exchange For The Period (2012-2019)"

Authors

  • Chadi Bitar Damascus university
  • Batoul Ali Damascus university

Abstract

This study deals with analyzing the effect of asymmetric inflation on the returns of the Syrian Insurance Sector Stock Index, using the Non-linear Autoregressive Distributed lag-Regression Model for the period 2012-2019 on a monthly basis, to describe the phenomenon in question and to study the nature of the impact of both positive and negative changes in the inflation of the stock returns of insurance companies listed on the Damascus Stock Exchange, according to the model used by (Tayraki,Erdogan) in 2018, on the returns of the stock market in the G7 countries.

The study concluded that there was an adverse effect of the inflation rate on stock returns, and the two effects of both positive and negative inflation in the returns of insurance companies' shares were similar.

 

Author Biographies

Chadi Bitar, Damascus university

Associate Professor - Department of Economics

Batoul Ali, Damascus university

Postgraduate student (MSc) - Department of Economics

Downloads

Published

2021-09-16

How to Cite

1.
بيطار ش, علي ب. Using The Non-Linear Autoregressive Distributed Lag -Regression Model To Study The Effect Of Inflation On Stock Returns "Econometric Study On Insurance Companies Listed On The Damascus Stock Exchange For The Period (2012-2019)". Tuj-econ [Internet]. 2021Sep.16 [cited 2025Jan.29];43(4). Available from: https://journal.tishreen.edu.sy/index.php/econlaw/article/view/10866

Issue

Vol. 43 No. 4 (2021): Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences Series

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

  • The authors retain the copyright and grant the right to publish in the magazine for the first time with the transfer of the commercial right to Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences

     Under a CC BY- NC-SA 04 license that allows others to share the work with of the work's authorship and initial publication in this journal. Authors can use a copy of their articles in their scientific activity, and on their scientific websites, provided that the place of publication is indicted in  Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences   .  The Readers have the right to send, print and subscribe to the initial version of the article, and the title of Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences Publisher

  • journal uses a CC BY-NC-SA license which mean

    You are free to:

    • Adapt — remix, transform, and build upon the material
    •  
    • The licensor cannot revoke these freedoms as long as you follow the license terms.

  • Attribution — You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.

  • NonCommercial — You may not use the material for commercial purposes.

  • ShareAlike — If you remix, transform, or build upon the material, you must distribute your contributions under the same license as the original.

  • No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.