STOCK MARKET VOLATILITY AND EXCHANGE MARKET PRESSURE IN VIETNAM: EVIDENCE OF ASYMMETRIC TRANSMISSION
This paper analyzes the relationship between stock market volatility and exchange market pressure (EMP) in Vietnam over the period from August 2000 to March 2025, focusing on asymmetric transmission from domestic and international markets, through a GJR-GARCH framework combined with ARDL/NARDL specifications. The empir...