Macroeconomic Variables and Sector-Specific Returns: Evidence from Turkish Stock Exchange Market
This study investigates the impact of macroeconomic variable shocks on industrial and financial stock returns in the Borsa Istanbul. To this end, we use the generalized forecast error variance decompositions and generalized impulse responses. The results show that inflation, the growth rate of the m...
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| Format: | Article |
| Language: | English |
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Gaziantep University
2021-01-01
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| Series: | Gaziantep University Journal of Social Sciences |
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| Online Access: | https://dergipark.org.tr/tr/pub/jss/issue/60155/830786 |