This paper compares the renowned GARCH model with a novel one, the Generalized Autoregressive Score (GAS) model in terms of forecasting performance. Considering the gap in the literature, this study focuses on the Turkish stock and FX markets. The analysis covers 25 years (1999-2023), of which...

In light of the substantial rise in economic inequality in recent decades across the majority of economies, the relationship between inequality and economic growth has garnered significant attention. However, the specific impact of wealth inequality through various transmission channels on...