Stock Market Returns in an Emerging Financial Market: Turkish Case Study

Journal article | Zeitschriftenartikel

Increased globalisation in financial markets implies that the percentage of all shares under foreign ownership in domestic stock markets has been rising. The recent speculative attacks on the foreign exchange market in November 2000, followed by February 2001, led Turkey into deep economic crisis. Real stock returns as an important indicator for a forthcoming or pending financial crisis, using net capital flows have already been established in Gazioglu (2003). In this paper we explore the effects of capital inflows and outflows to real exchange rates and the real stock market returns, before, and after the financial crisis.

Object Details

• Extent: Seite(n): 1363-1372
• Language: Englisch
• Notes: Status: Postprint; begutachtet (peer reviewed)

References and Relationships

• Bibliographic citation: Applied Economics, 40(11)

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Gazioglu, Saziye
• Event: Veröffentlichung
• (when): 2008

Further information

• DOI: https://doi.org/10.1080/00036840600820663
• URN: urn:nbn:de:0168-ssoar-239545
• Rights: GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
• Last update: 21.06.2024, 4:26 PM CEST