Ara
Toplam kayıt 69, listelenen: 61-69
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 ...
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 ...
When do workers support executive aggrandizement? Lessons from the recent Turkish experience
(John Wiley and Sons Inc, 2022-03)
Following the 2017 constitutional referendum under the Adalet ve Kalkinma Partisi (Justice and Development Party-AKP) rule in Turkey, the reforms granted judicial and legislative powers to the head of the executive under ...
How does multi-level governance create capacity to address refugee needs, and with what limitations? an analysis of municipal responses to Syrian refugees in Istanbul
(Oxford University Press, 2022-03)
A multi-level governance (MLG) framework is used to investigate how municipalities in Turkey have coped with the arrival of 3.6 million Syrians amid limited resources, an ambiguous legal framework, and changing national ...
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. ...
Cointegration and adjustment dynamics of REIT and stock markets during the global financial and European debt crises
(Inderscience Publishers, 2020-06-03)
This paper analyses the cointegration relationship between the REIT and stock markets of ten developed countries during the 2005-2013 period, which is characterised by the global financial and the European debt crises. ...
How do local actors interpret, enact and contest policy? An analysis of local government responses to meeting the needs of Syrian refugees in Turkey
(Routledge, 2022-05-04)
Although 98% of Turkey’s 3.6 million Syrian refugees live outside camps, municipalities lack formal authority to initiate policies, while receiving no government funding for refugees. Drawing on interpretive policy analysis ...
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 ...