Bölüm "Işık University, Faculty of Economics and Administrative Sciences, Department of Management" Scopus İndeksli Makale Koleksiyonu için listeleme
Toplam kayıt 33, listelenen: 21-33
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A note on the examination of the fisher hypothesis by using panel co-integration tests with break
(Institute foe Economic Forecasting, 2016)One problem encountered when examining the Fisher hypothesis is that various policy changes and economic shocks may induce structural shifts in the long-run relation. We explore the argument that panel cointegration tests ... -
Oil price uncertainty, global industry returns and active investment strategies
(Elsevier B.V., 2020-11)This paper shows that time-varying oil return volatility predicts regime transitions across a majority of global stock sectors, particularly for durables, financials, industrials, oil & gas, telecommunications and utilities. ... -
On the hedging benefits of REITs: The role of risk aversion and market states
(Oviedo University Press, 2021-06)We propose a dynamic, forward-looking hedging strategy to manage stock market risks via positions in REITs, conditional on the level of risk aversion. Our findings show that risk aversion can predict transitions to the ... -
On the performance of West's bubble test: A simulation approach
(Elsevier science inc, 2010-12-01)In this research we examine the ability of West's bubble test [1] in detecting speculative bubbles using Brock's (1982) [2] intertemporal general equilibrium model of asset pricing as the basis for a simulation study. In ... -
Regional specialization and industrial concentration patterns in the Turkish manufacturing industry: An assessment for the 1980-2000 period
(Routledge Journals, Taylor & Francis Ltd, 2008-02)Previous studies on geographical distribution of economic activity in Turkey demonstrate that firms are localized in major metropolitan areas as well as a set of emerging regions. The aim of the paper is to complement the ... -
REITs, Growth Options and Beta
(Springer New York LLC, 2016-11-08)Are REITs income stocks, only? Following Myers (1977) and Bernardo et al. (2007), we examine empirically REITs’ unlevered betas, betas of growth options, betas of assets-in-place and the difference between the latter two ... -
Relative effects of marketing effectiveness dimensions on firm performance: An empirical analysis with a multi-industry sample
(Bogazici Universitesi, 2009)The aim of this study is to understand the influence of marketing operational efficiency and marketing system effectiveness on firm performance dimensions. Marketing operational efficiency and marketing system effectiveness ... -
Solving the multiple level warehouse layout problem using ant colony optimization
(Springer Verlag, 2020-03-01)This paper addresses the multiple level warehouse layout problem, which involves assigning items to cells and levels with the objective of minimizing transportation costs. A monthly demand and an inventory requirement are ... -
Stock return seasonality and the temperature effect
(EuroJournals Publishing, 2009-12)Motivated by prior evidence that the relation between temperature and stock returns may be spurious, this study investigates the extent to which accounting for seasonality changes the explanatory power of temperature for ... -
Time-varying risk aversion and currency excess returns
(Elsevier Ltd, 2022-01)This paper documents an economically significant risk premium associated with a currency's sensitivity to time-varying risk aversion. Consequently, an investment strategy that takes a long (short) position in currencies ... -
Trading volume and stock market volatility: evidence from emerging stock markets
(LLC CPC Business Perspectives, 2009-01-15)Based on the 'mixture of distribution' hypothesis, this paper investigates the relationship between trading volume and conditional volatility of returns by using 12 emerging stock market indices over the period between ... -
The U.S. term structure and return volatility in emerging stock markets
(Springer, 2020-05-29)This paper examines the predictive power of the U.S. term structure over return volatility in emerging stock markets. Decomposing the term structure of U.S. Treasury yields into two components, the expectations factor and ... -
The US term structure and return volatility in global REIT markets
(Asia University, 2020-09)This paper examines the information content of the U.S. term structure of interest rates on the market for real estate investment trusts (REITs) by decomposing the term structure of U.S. Treasury yields into two components ...