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In this study monthly equity index values of twenty two emerging and twelve developed markets are used for the determination of cointegration relations developed by Johansen. The results of cointegration analysis show that Turkish stock market is cointegrated with seven developed and five...
Persistent link: https://www.econbiz.de/10008464861
Due to the complex and close interaction of banks with other economic units, any trouble in banking sector might have … repercussion on the whole economy which makes the market structure and competition in banking sector as a cynosure. In fact, in … in the Turkish banking sector has been considered simultaneously in terms of assets, loans, deposit and turnover. In …
Persistent link: https://www.econbiz.de/10008464854
Persistent link: https://www.econbiz.de/10002150780
Turkey is well behind the many countries according to socio-economic development criteria. Activities aim to make Istanbul a financial center seem paradoxical due to less developed and risky characteristics of national economy and financial system. It seems that these activities have both...
Persistent link: https://www.econbiz.de/10015230744
Bu çalışmanın ana amacı halihazırda çeşitli kurumlar tarafından uygulanan farklı metodolojilere dayanılarak elde edilmiş “fıkhi uygunluk kriterleri”ne yönelik eleştirilere dönük önerilerde bulunmaktır. Ayrıca, bu çalışma, İslamın birincil kaynaklarından (Kuran ve...
Persistent link: https://www.econbiz.de/10015262265
thought. However, the context of the 1990s also included money and capital free movements besides foreign exchange and banking …
Persistent link: https://www.econbiz.de/10015262532
Küresel piyasalarda 2006 yılının ikinci yarısından itibaren yeni bir döneme girildiği gözlenmektedir. Bu yeni dönem önceki dönemlere göre belirli açılardan farklılık arz etmektedir. Yeni dönem 1990’ların finansal krizler döneminden farklıdır; çünkü bu dönemde...
Persistent link: https://www.econbiz.de/10015250625
Although there are many studies in the literature that investigate the relationship between stock returns and macroeconomic factors in the United States and other advanced economies, the number of studies that investigate this relationship in emerging market economies is astonishingly small....
Persistent link: https://www.econbiz.de/10009275554
In this paper the alternative value-at-risk (VaR) and expected shortfall (ES) analysis were made according to different error distribution assumptions by using stock market daily return series of Turkey (ISE100), United Kingdom (FTSE100), Japan (NIKKEI225) and France (CAC40). The backtesting...
Persistent link: https://www.econbiz.de/10008464850