Hava Durumu Anomalisi: Panel Veri Analizi

Aysel Gündoğdu; Selin Sarılı

doi:10.33203/mfy.973698

Hava Durumu Anomalisi: Panel Veri Analizi

Abstract

Finansal piyasalarda işlem yapan yatırımcıların her ne kadar rasyonel oldukları varsayılsa da her zaman bu koşulun geçerli olmadığı davranışsal finans teorisinde yer alan anomalilerle açıklanmaya çalışılmaktadır. Finansal piyasa anomalilerinden biri olan hava durumu anomalisi de, hava koşullarının bireylerin psikolojisi üzerinde ve dolayısı ile yatırım kararlarında etkili olduğunu öne sürmektedir. Çalışmada davranışsal finans teorisinde yer alan ‘hava durumu anomalisi’ nin test edilmesi amacıyla 6 ülkeye (Türkiye, İtalya, Amerika Birleşik Devletleri, Kanada, Çin, Rusya) ait hava durumu ve ülkelerin ana borsa endeksleriyle (Bist100, FTSE MIB, Dow Jones Industrial Average, S&P_TSX, Shanghai Composite, MOEX Russia) panel veri analizi yapılmıştır. Çalışmaya 04.01.2010 ile 31.07.2019 tarih aralığında günlük veriler dahil edilmiştir. Öncelikle panel birim kök testleriyle serilerin durağanlıkları araştırılmış, sonrasında ise panel eşbütünleşme testleri uygulanmıştır. Johansen eşbütünleşme testi sonucunda sadece Rusya ve Kanada için eşbütünleşme ilişkisi bulunmuştur.

Keywords

Hava durumu anomalisi, panel veri, eşbütünleşme

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Details

Primary Language

Turkish

Subjects

Finance

Journal Section

Research Article

Authors

Aysel Gündoğdu
0000-0002-4918-4598
Türkiye

Selin Sarılı ^*
0000-0003-4481-6215
Türkiye

Publication Date

October 3, 2021

Submission Date

July 22, 2021

Acceptance Date

October 2, 2021

Published in Issue

Year 2021 Number: 116

DOI

https://doi.org/10.33203/mfy.973698

IZ

https://izlik.org/JA53ED73DU

APA

Gündoğdu, A., & Sarılı, S. (2021). Hava Durumu Anomalisi: Panel Veri Analizi. Maliye Ve Finans Yazıları, 116, 143-154. https://doi.org/10.33203/mfy.973698

AMA

1.Gündoğdu A, Sarılı S. Hava Durumu Anomalisi: Panel Veri Analizi. Maliye ve Finans Yazıları. 2021;(116):143-154. doi:10.33203/mfy.973698

Chicago

Gündoğdu, Aysel, and Selin Sarılı. 2021. “Hava Durumu Anomalisi: Panel Veri Analizi”. Maliye Ve Finans Yazıları, nos. 116: 143-54. https://doi.org/10.33203/mfy.973698.

EndNote

Gündoğdu A, Sarılı S (October 1, 2021) Hava Durumu Anomalisi: Panel Veri Analizi. Maliye ve Finans Yazıları 116 143–154.

IEEE

[1]A. Gündoğdu and S. Sarılı, “Hava Durumu Anomalisi: Panel Veri Analizi”, Maliye ve Finans Yazıları, no. 116, pp. 143–154, Oct. 2021, doi: 10.33203/mfy.973698.

ISNAD

Gündoğdu, Aysel - Sarılı, Selin. “Hava Durumu Anomalisi: Panel Veri Analizi”. Maliye ve Finans Yazıları. 116 (October 1, 2021): 143-154. https://doi.org/10.33203/mfy.973698.

JAMA

1.Gündoğdu A, Sarılı S. Hava Durumu Anomalisi: Panel Veri Analizi. Maliye ve Finans Yazıları. 2021;:143–154.

MLA

Gündoğdu, Aysel, and Selin Sarılı. “Hava Durumu Anomalisi: Panel Veri Analizi”. Maliye Ve Finans Yazıları, no. 116, Oct. 2021, pp. 143-54, doi:10.33203/mfy.973698.

Vancouver

1.Aysel Gündoğdu, Selin Sarılı. Hava Durumu Anomalisi: Panel Veri Analizi. Maliye ve Finans Yazıları. 2021 Oct. 1;(116):143-54. doi:10.33203/mfy.973698

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