This study examines how sovereign CDS spreads of Turkey behave in COVID-19 pandemic times by considering that CDS spreads reflect the riskiness, vulnerability, financial stability, and macroeconomic stability of countries and CDS spreads of most of the emerging countries have increased with the...

We aimed to define the macroeconomic factors that have an impact on credit card usage in Turkey. Within this scope, we used quarterly data for the period between 2005:01 and 2016:02 in this study. Moreover, MARS (Multivariate Adaptive Regression Splines) method was used in order to achieve this...

This study researches the impacts of foreign portfolio flows (proxied by foreign investors' retention share) and monetary policy responses (proxied by the repurchase interest rate) on Turkey's stock market index taking the COVID-19 pandemic into consideration. A volatility index, credit default...

This study examines the reaction of local currency oil prices to the COVID-19 pandemic using Turkish daily data (July 25, 2019 to October 30, 2020). A multivariate adaptive regression splines model is employed that considers foreign exchange (USD-TRY), credit default swap spread, global...

This study researches the impacts of foreign portfolio flows (proxied by foreign investors’ retention share) and monetary policy responses (proxied by the repurchase interest rate) on Turkey’s stock market index taking the COVID-19 pandemic into consideration. A volatility index, credit...