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This study has investigated the effect of VIX, created as an implied volatility in the US, on 15 emerging stock markets with the application of GJR-GARCH model. According to the results obtained, the emerging stock markets have leverage effect in conditional variance and emerging bad news...
Persistent link: https://www.econbiz.de/10008464865
ve dissal faktorleri belirlemeyi amaclamistir. Yontem olarak panel veri analizi kullanilmis, performans olcutu olarak …
Persistent link: https://www.econbiz.de/10009147120