This paper aims to analyze the stochastic behavior of Turkey's real exchange rate for the period 1990-2006. For this purpose, the minimum LM unit root test with two structural breaks is applied to real exchange rate data, which consists of monthly series of CPI-based real exchange rate index....

Bu çalışmanın amacı reel döviz kurunun dış ticaret dengesine etkisini araştırarak, Türkiye için Marshall Lerner koşulunun geçerliliğini test etmektir. Bu amaçla eşbütünleşme testi için, son olarak geliştirilen ve otoregresif dağıtılmış gecikmeli (ARDL) modeline dayalı...

This paper aims to test the validity of the purchasing power parity hypothesis by analyzing the stochastic behavior of Turkey`s real exchange rate for the period 1990–2006. For this purpose, the minimum LM unit root test with two structural breaks is applied to real exchange rate data,...

This paper investigates whether the Istanbul Stock Exchange (ISE) prices can be characterized as a random walk or mean reversion process in a non-linear framework. We employ an unrestricted two-regime threshold autoregressive (TAR) model with an autoregressive unit root based on bootstrap...

This paper aims to analyze the stochastic behavior of Turkey's real exchange rate for the period 1990-2006. For this purpose, the minimum LM unit root test with two structural breaks is applied to real exchange rate data, which consists of monthly series of CPI-based real exchange rate index....

Bu çalışmanın amacı, İstanbul Menkul Kıymetler Borsası 100 endeksini ele alarak Türk hisse senedi piyasasının zayıf formda etkin olup olmadığını sınamaktır. Zayıf formda etkin piyasalar hipotezinin geçerli olması için, rassal yürüyüş modelinin şartlarının yerine...

Turkiye ekonomisi icin kilit sektorleri bulmak amaciyla girdi-cikti analizinin kullanildigi bu calismada, Bulmer-Thomas in onermis oldugu baglanti etkileri kullanilmistir. Elde edilen sonuclara gore; Tarim, Ticaret, Ulasim-Haberlesme ve Kisisel Hizmet sektorleri Turkiye ekonomisi icin kilit...

This study investigates the effect of per capita income on per capita health expenditures in Turkey over the period 1975–2007 by using ARDL bounds test approach to the cointegration considering both demand and supply side variables. Since we reject the null hypothesis that there is no...

In this study, we analyze the validity of Halloween effect in Istanbul Stock Exchange (ISE) between January 1990 - December 2010 which implies stock returns are lower during the May-October period versus the November-April period. As well as the Least Squares Method, we use Huber’s M-estimator...

The subject of this paper is the examination the convergence of per capita carbon dioxide emissions of the G7 countries during the 1960–2005 period in a nonlinear panel analysis framework. In this approach, first the linearity of the series was tested, and when the linearity was rejected, the...