دراسة قياسية لبعض متغيرات السياسة النقدية وأثرها على المؤشر العام لأسعار الأسهم في الأردن للمدة (1990-2019)‎

Abstract EN

The issue of monetary policy and financial markets is one of the topics that have received attention from the makers of economic policy through its role in achieving stability in all economic sectors, with great interest from developed and developing countries alike for its effective role in attracting savings and directing it towards investment channels that work on the development of the economy in various Its sectors and that financial markets are affected by many variables, including, in particular, monetary policy variables, where the research aims to measure and know the extent of the impact of some monetary policy variables on the general index of stock prices in Jordan for the period (1990-2019) through the use of specialized models to study the financial and monetary markets and using the program The statistician (Eviews10), and the research concluded from the results of the statistical tests of time series data in Jordan that the general variable of stock prices was stable at Level I(0), thus fulfilling the conditions for building the ARDL model, as the results of this test indicated is no a co-integration between the approved variables in Jordan, while it was found that there is an effect of using the ARCH model, which proved its efficiency in the field of forecasting the financial market index, as well as The results of the research showed that there are statistical relationships for the money supply variable and that it has a direct relationship in the financial indicator and has a significant effect on, as for the variables of (inflation rate, exchange rate and interest rate) it was not moral and was interpreted according to economic concepts, and then the research found a group of The recommendations include that monetary policy variables have an impact on the general index of stock prices in Jordan.