The 2008 global financial crisis provides us with a wide range of study fields on cross-asset contagion mechanisms in the US financial markets. After a decade of the so-called subprime crisis, the impact of market news on asset volatilities increased significantly. Consequently, return and...

In the aftermath of the 2008 global crisis, excessive financialization in the economic system, along with extreme shortening of the holding times of assets, led to a disconnection between the real economy and financial markets. In the post-crisis period, participation finance, which is expected...

Food price index is a crucial indicator for the stability of overall economic conditions in emerging markets since it has a considerable weight in regular spending of households. In the last decade, Turkey experienced higher food price inflation compared to consumer price index. In this context...

This study investigates intraday effects in the Istanbul Stock Exchange (ISE) during the latest period of financial turmoil which began in August 2007 and extended to February 2010. We tested for the possible existence of intraday anomalies using both return and volatility equations, empirically...

The effects of global financial crisis have been severe on banks. Many banks went bankrupt and many are in distress due to their sensitivities, stored in their balance sheets, to financial risks enlarged by the crisis. Some of banks, on the other hand, have felt the effects slightly. Recalling...

This paper examines the interrelation between short selling and volatility as differing from previous research in that it focuses on intraday activities, rather than the daily price movements. We demonstrate that the effects of short selling activity change during the two sessions of the day and...

This paper investigates the contagiousness of safe asset shortages as an implication of the secular stagnation hypothesis. Our motivation is to quantify the degree of financial contagion of safe asset demand among developed and emerging markets. We know that the insufficient supply of safe...