The Impact of Monetary Policy on Stock Returns During Bull and Bear Markets: The Evidence From Turkey

Basit Öğe Kaydı
dc.contributor.authorGacener Atis, Aydanur
dc.contributor.authorErer, Deniz
dc.date.accessioned2019-10-27T10:01:23Z
dc.date.available2019-10-27T10:01:23Z
dc.date.issued2018
dc.departmentEge Üniversitesien_US
dc.description.abstractPurpose of this study is to analyze the asymmetric response of stock market returns and volatility to monetary policy in bull and bear markets in Turkey over the period of 2002:12016:12. We used Markov switching model in order to identify bull and bear markets. We used policy rate as monetary policy instrument. From the empirical results, we deduced that monetary policy is more effective in butt market periods.en_US
dc.identifier.doi10.21121/eab.2018443010
dc.identifier.endpage710en_US
dc.identifier.issn1303-099X
dc.identifier.issn1303-099Xen_US
dc.identifier.issue4en_US
dc.identifier.startpage699en_US
dc.identifier.urihttps://doi.org/10.21121/eab.2018443010
dc.identifier.urihttps://hdl.handle.net/11454/29841
dc.identifier.volume18en_US
dc.identifier.wosWOS:000457787100012en_US
dc.identifier.wosqualityN/Aen_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.language.isoenen_US
dc.publisherEge Univ, Fac Economics & Admin Sciencesen_US
dc.relation.ispartofEge Academic Reviewen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectMonetary Policyen_US
dc.subjectStock Marketen_US
dc.subjectMarkov Regime Switching Modelen_US
dc.titleThe Impact of Monetary Policy on Stock Returns During Bull and Bear Markets: The Evidence From Turkeyen_US
dc.typeArticleen_US

Dosyalar

Koleksiyon

WoS İndeksli Yayınlar Koleksiyonu