Showing 1 - 10 of 30
Turkey is well behind the many countries according to socio-economic development criteria. Activities aim to make … project may imply that evolving economy politics of post 9/11 environment may create economic advantages for Turkey. It has …
Persistent link: https://www.econbiz.de/10009650041
The idea of development of capital markets and hence securities firms had resurfaced after 1980’s in Turkey, the latest … Banking Crisis of 1982 (or Banker Crisis). The number of securities firms were dramatically increased in Turkey during the …
Persistent link: https://www.econbiz.de/10008804691
Turkey. We find that there is a long-run cointegrating relationship between capital market development and economic growth …
Persistent link: https://www.econbiz.de/10012217551
Discount to net asset value (NAV) has been a long-standing problem for the Turkish REITs (TREITs) implying some serious weaknesses for the industry with some potential portfolio management problems. The goal of the paper is to explore main determinants of NAV discount in the context of rational...
Persistent link: https://www.econbiz.de/10012838231
Marketization in housing finance reached its peak level in last decade and become new normal in Turkey thanks to …-based housing finance practices in Turkey in the context of marketization process. Second, the paper highlights both developments …
Persistent link: https://www.econbiz.de/10013006167
Turkey. We find that there is a long-run cointegrating relationship between capital market development and economic growth …
Persistent link: https://www.econbiz.de/10012961198
policy instrument to solve housing (finance) question of Turkey. We used literature review and data/case study analyses to … examine research question. We conclude that market based housing finance initiatives in Turkey were generally unsuccessful … regulation in Turkey, seems also unsuccessful due to inherent/clear structural problems. Therefore, as a policy suggestion, we …
Persistent link: https://www.econbiz.de/10013037603
Housing is one of the major socio-economic problems in Turkey. Widespread spontaneous settlements in urban area may be … accepted as the sufficient criterion for the level of housing question in Turkey. Additionally, there are important quality … and housing finance system. It seems after 2003 that housing policy of Turkey is essentially based on the Housing …
Persistent link: https://www.econbiz.de/10013037874
Developments in primary mortgage markets, housing finance system and the activities of Housing Development Agency (HDA/TOKI) have been the major trends in Turkish housing markets in last decade. Based on the current policies, HDA seems the central institution to solve housing problems of the...
Persistent link: https://www.econbiz.de/10013035370
This paper analyzes return enhancement patterns of Turkish REITs (T-REITs) from various perspectives over the period of July 2008 and March 2015. We find that T-REITs portfolio provides a slightly lower level of risk diversification benefit than investment trusts, but higher than the banks. The...
Persistent link: https://www.econbiz.de/10012948377