Kartal, Mustafa Tevfik; Ertuğrul, Hasan Murat; … - In: Borsa Istanbul Review 22 (2022) 1, pp. 12-19
This study researches the impacts of foreign portfolio flows (proxied by foreign investors' retention share) and … switching regression (MSR) for a robustness check. The results reveal that both foreign portfolio flows and monetary responses … have an important effect on the index, and foreign portfolio flows have a higher effect than monetary responses …