The aim of this study is to explain vector autoregressive (VAR) models and Granger causality. VAR is an econometric model that generalizes univariate autoregressive (AR) models. VAR is a regression model that can be considered as a kind of hybrid among univariate time series models. VAR models...

Several research attempts contributed to the literature related to lifestyle market segmentation mainly aimed to define lifestyle segments on a given product/service market in a positivist perspective. However, there is a lack of research interest on a normative perspective, questioning...

This article provides results on the volatility spread for stock markets in emerging economies. Empirical studies on determining or predicting volatility in national and international financial markets provide information for investors. The aim of this study is also to analyze volatility spreads...

Due to the evolutions in the financial markets, characteristics of markets have been changed. It has become important to discuss the markets which the fast and frequent fluctuations are observed among the regimes they belong to. There are two main purpose of the study. The first purpose of the...

Investor's psychological and emotional factors lead to irrationality in financial decision making and anomalies in prices. Investor sentiment and psychology help to elucidate phenomena in financial markets that cannot be explained by traditional theory. The aim of this study is two-fold: it...

Turkish Abstract: Yatırımcıların sezgi veya duygularıyla hareket etmesi ve finansal kararlarında sistematik yargısal hatalar yapmaları, bilişsel çelişki gibi çok sayıda psikolojik ve duygusal faktörler, finansal piyasalarda irrasyonaliteye ve açıklanamayan fiyat hareketlerine...

Turkish Abstract: Kredi Temerrüt Swapları (CDS) finansal piyasalarda en yaygın kullanılan kredi türevlerinden bir tanesidir. Türk tahvillerinin CDS primleri ve primleri etkileyen faktörler üzerine sayılı çalışma bulunmaktadır.Çalışmanın amacı, küresel kriz öncesinden...

Several research attempts contributed to the literature related to lifestyle market segmentation mainly aimed to define lifestyle segments on a given product/service market in a positivist perspective. However, there is a lack of research interest on a normative perspective, questioning...