The Impact of Domestic and Foreign Macroeconomic News on Stock Market Volatility : Istanbul Stock Exchange

The purpose of the present paper is to examine the impact of domestic and foreign macroeconomic news announcements on the Istanbul Stock Exchange for the period between 2002 and 2010. The market reaction to the news announcements is tested within a research window through which the reaction can be filtered. The results indicate that foreign announcements do not have a significant effect, whereas domestic announcements are responsible for observed volatility in the market. In other words, within two consecutive sessions after the news is released, the market shows a marked reaction to the news

MoreLess

Year of publication:	2012
Authors:	Kurt, Gülüzar
Other Persons:	Yucel, Tulay (contributor) ; Karaoğlan, Deniz (contributor) ; Celik, Saban (contributor)
Publisher:	[2012]: [S.l.] : SSRN
Subject:	Volatilität \| Volatility \| Aktienmarkt \| Stock market \| Türkei \| Turkey \| Börsenkurs \| Share price \| Ankündigungseffekt \| Announcement effect \| Wirkungsanalyse \| Impact assessment \| Börse \| Bourse \| ARCH-Modell \| ARCH model

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

Extent:	1 Online-Ressource (15 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Boğaziçi Journal: Review of Social, Economic and Administrative Studies, Vol. 25, No. 1, pp. 123-137, 2011 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 1, 2011 erstellt
Classification:	E20 - Consumption, Saving, Production, Employment, and Investment. General ; G14 - Information and Market Efficiency; Event Studies
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013111819