| dc.contributor.author | Çatak, Çiydem | |
| dc.date.accessioned | 2021-01-08T21:51:33Z | |
| dc.date.available | 2021-01-08T21:51:33Z | |
| dc.date.issued | 2015 | |
| dc.identifier.isbn | 9783653062670; 9783631668580 | |
| dc.identifier.uri | https://doi.org/10.3726/978-3-653-06267-0 | |
| dc.identifier.uri | https://hdl.handle.net/20.500.12846/353 | |
| dc.description.abstract | This study evaluates the effects of macroeconomic variables on the stock returns in Turkey and Germany. It contains data for 120 months covering the period from January 2005 to December 2014. Multiple Linear Regression model is used to analyze the relationship between current account balance, inflation rate, interest rate, export/import ratio, industrial production index, exchange rate and returns of DAX-30 and BIST-30 indexes. The results indicate that there is a statistically significant relationship between interest rate, industrial production index, exchange rate, and BIST-30 index return. On the other hand, the German stock exchange DAX-30 is affected by interest rate, exchange rate, export/ import ratio and industrial production index. © Peter Lang GmbH. | en_US |
| dc.language.iso | eng | en_US |
| dc.publisher | Peter Lang AG | en_US |
| dc.rights | info:eu-repo/semantics/closedAccess | en_US |
| dc.subject | Arbitrage pricing theory | en_US |
| dc.subject | BIST-30 | en_US |
| dc.subject | DAX-30 | en_US |
| dc.subject | Macroeconomic variables | en_US |
| dc.title | Macroeconomic variables and stock market returns: a comparison of Germany and Turkey | en_US |
| dc.type | bookPart | en_US |
| dc.relation.journal | Turkish German Affairs from an Interdisciplinary Perspective | en_US |
| dc.relation.publicationcategory | Kitap Bölümü - Uluslararası | en_US |
| dc.contributor.department | TAÜ, İktisadi ve İdari Bilimler Fakültesi, İşletme Bölümü | en_US |
| dc.contributor.institutionauthor | Çatak, Çiydem | |
| dc.identifier.doi | 10.3726/978-3-653-06267-0 | |
| dc.identifier.startpage | 261 | en_US |
| dc.identifier.endpage | 273 | en_US |
| dc.identifier.scopusquality | N/A | en_US |
