Cyclical Behavior of Stock ExchangeIndex By Sectors: A Case From Turkey
| dc.contributor.author | Bayrak, Özlem Türker | |
| dc.contributor.author | Yüksel, Ebru | |
| dc.contributor.authorID | 18500 | tr_TR |
| dc.date.accessioned | 2020-04-08T18:16:36Z | |
| dc.date.available | 2020-04-08T18:16:36Z | |
| dc.date.issued | 2012 | |
| dc.department | Çankaya Üniversitesi, Mühendislik Fakültesi, Endüstri Mühendisliği Bölümü | en_US |
| dc.description.abstract | In this study, the relation between the cyclical behaviors of stock market indices of industry, service, finance and technology sectors at Istanbul Stock Exchange and gross domestic product of Turkey between the 1998 January and 2011 September, is analyzed. The results suggest that stock exchange indices move in the same direction with economic activity and stock market leads the economy by about one quarter. However, when the sectoral differences are considered, movements in technology sector index are transmitted to economy in two months whereas it is three months for the industrial and service sector. The slowest sector is the financial sector for which pass-through speed is four months. (C) 2012 Published by Elsevier Ltd. Selection and/or peer review under responsibility of Prof. Dr. Huseyin Arasli | en_US |
| dc.identifier.citation | Yuksel, Ebru; Bayrak, "Ozlem Turker, Cyclical behavior of stock exchange index by sectors: a case from Turkey", World Conference On Business, Economics and Management (Bem-2012), Vol. 62, pp. 947-951, (2012) | en_US |
| dc.identifier.doi | 10.1016/j.sbspro.2012.09.161 | |
| dc.identifier.endpage | 951 | en_US |
| dc.identifier.issn | 1877-0428 | |
| dc.identifier.startpage | 947 | en_US |
| dc.identifier.uri | http://hdl.handle.net/20.500.12416/2984 | |
| dc.identifier.volume | 62 | en_US |
| dc.language.iso | en | en_US |
| dc.publisher | Elsevier Science BV | en_US |
| dc.relation.ispartof | World Conference On Business, Economics and Management (Bem-2012) | en_US |
| dc.rights | info:eu-repo/semantics/openAccess | en_US |
| dc.subject | Business Cycle | en_US |
| dc.subject | Co-Movement | en_US |
| dc.subject | Financial Cycle | en_US |
| dc.subject | Granger Causality | en_US |
| dc.subject | Hodrick-Prescott Filter | en_US |
| dc.subject | Istanbul Stock Exchange | en_US |
| dc.subject | Turkey | en_US |
| dc.title | Cyclical Behavior of Stock ExchangeIndex By Sectors: A Case From Turkey | tr_TR |
| dc.title | Cyclical Behavior of Stock Exchangeindex by Sectors: a Case From Turkey | en_US |
| dspace.entity.type | Publication |