-i Efkar and Vakit, in addition to data of foreign exchange rates and prices in the çIstanbul Bourse, this paper examines how …

-i Efkar and Vakit, in addition to data of foreign exchange rates and prices in the İstanbul Bourse, this paper examines how …

using the relationship between stock prices and exchange rates. For this purpose, cointegration (Pesaran et al., 2001) and … causality tests (Toda Yamamoto, 1995) are used to examine the relationship between stock prices and exchange rates using monthly …. There is a casual relationship in 8 countries, for 5 countries there is uni-directional causality running from stock prices …

composed by deriving ULC, GDP deflators, export prices based indexes in addition to the CPI and PPI based REER. …