ALTAY, Erdinç; AKCALI, Burcay YASAR - In: Journal of BRSA Banking and Financial Markets 6 (2012) 1, pp. 45-79
This research analyzes the relation between investor risk appetite and stock market crises in ISE during the 08 … identifies the stress days in ISE. The investor risk appetite index, which is measured by the rank correlation between the … crises. These 4 risk appetite indicators and the spread between long and short term interest rates are employed into the …