This article examines the long-memory properties and structural breaks in spot and futures gold returns and volatility in Turkey. The data cover the period from 2008 through 2013 in which gold prices hit an all-time high. ARFIMA-FIGARCH model provides evidence of dual long memory in spot series...

The stock price performances of the ISE listed non-financial firms are examined before and after the merger announcements by employing cumulative average abnormal returns (CAARs) from 1997 to 2006. In Turkey, merger and acquisitions (M&As) intensified in particular after the 2001 financial...

The stock price performances of the ISE listed non-financial firms are examined before and after the merger announcements by employing cumulative average abnormal returns (CAARs) from 1997 to 2006. In Turkey, merger and acquisitions (M&As) intensified in particular after the 2001 financial...