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The aim of the paper is to investigate the presence of herding towards the market in Istanbul Stock Exchange (ISE …) during the period of 2nd January 1997-29th February 2008. We got the evidence of the existence of herding behavior in ISE by … coefficients of the stocks is also implemented in order to get a deeper analysis. The results show that, herding towards the market …
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This study aims at computing effective tax rates on consumption, household income, labour income and capital income for the Turkish economy from the viewpoints of the methods developed by Mendoza et al (1994) and Carey and Rabesona (2002) using national income accounts and tax revenue statistics...
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, regardless of the specification and estimation techniques employed, suggest that the models can partly explain the developments …
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The transmission of policy decisions to financial markets is an integral part of the monetary transmission mechanism. However, one of the major problems in estimating the effect of monetary policy on asset prices is the simultaneous response of policy actions and the asset prices to each other....
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