Yarba, Ibrahim; Güner, Z. Nuray - In: Central Bank review / Central Bank of the Republic of Turkey 20 (2020) 2, pp. 33-42
measure of uncertainty by using principal component analysis and a measure of persistence of uncertainty for Turkey. Results … argument that leverage decisions are affected from the persistence of uncertainty rather than the uncertainty itself. Moreover … uncertainty on leverage dynamics of Turkish non-financial firms using firm-level data. We argue in this paper that persistence of …
