The Asymmetric Relationships Between Hedge Funds and Financial Indicators: Evidence From Turkey
Öz
As a result of the liberalization, technological developments, innovations in financial transactions and the formation of new financial instruments since the 1990s, hedge funds have taken their place in the financial markets. It has reached important points in the international markets due to the size of the transaction volume and being the investment fund of the super rich. Strategies used in hedge funds and risks arising from these strategies affect financial markets. Influence of financial markets directly or indirectly affects financial assets and financial indicators. In this context, the study aims to investigate the relationship between hedge fund investments in Turkey and financial indicators. For this purpose, weekly data covering periods 14.08.2015 - 17.01.2020 were used. Then traditional causality and Hatemi-J asymmetric causality tests (2012) were applied to analyze the time series data. As a result of the applied analyzes, both of symmetrical and asymmetrical relationships were determined between the mentioned variables.
Anahtar Kelimeler
Kaynakça
- Ozer, H. A., Yagcıbası, O. F., & Karaoglan, S. (2017). Asymmetric Causality between Economic Growth and Military Expenditures: The Case of Turkey. The Empirical Economics Letters, 900-907.
- Soyaslan, E. (2019). Analysis of The Relationship Between Exchange Rate and Bist Tuorism Index. International Journal of Society Researches, 774-793.
- Yang, E., Kim, S. H., Kim, M. H., & Ryu, D. (2017). Macroeconomic shocks and stock market returns: the case of Korea. Journal of Applied Economics, 757-773. Zhou, A. (2019). Hedge Funds' Strategies and Their Market. University of Milano-Biccoca, 2-38.
Ayrıntılar
Birincil Dil
Türkçe
Konular
-
Bölüm
Araştırma Makalesi
Yayımlanma Tarihi
31 Aralık 2020
Gönderilme Tarihi
19 Ağustos 2020
Kabul Tarihi
2 Aralık 2020
Yayımlandığı Sayı
Yıl 2020 Cilt: 15 Sayı: 2
APA
Kamışlı, S., Kocadayı, N., & Hamad Ameen, M. (2020). The Asymmetric Relationships Between Hedge Funds and Financial Indicators: Evidence From Turkey. Girişimcilik ve Kalkınma Dergisi, 15(2), 34-44. https://izlik.org/JA25TM53DC
AMA
1.Kamışlı S, Kocadayı N, Hamad Ameen M. The Asymmetric Relationships Between Hedge Funds and Financial Indicators: Evidence From Turkey. GKD. 2020;15(2):34-44. https://izlik.org/JA25TM53DC
Chicago
Kamışlı, Serap, Neslihan Kocadayı, ve Mustafa Hamad Ameen. 2020. “The Asymmetric Relationships Between Hedge Funds and Financial Indicators: Evidence From Turkey”. Girişimcilik ve Kalkınma Dergisi 15 (2): 34-44. https://izlik.org/JA25TM53DC.
EndNote
Kamışlı S, Kocadayı N, Hamad Ameen M (01 Aralık 2020) The Asymmetric Relationships Between Hedge Funds and Financial Indicators: Evidence From Turkey. Girişimcilik ve Kalkınma Dergisi 15 2 34–44.
IEEE
[1]S. Kamışlı, N. Kocadayı, ve M. Hamad Ameen, “The Asymmetric Relationships Between Hedge Funds and Financial Indicators: Evidence From Turkey”, GKD, c. 15, sy 2, ss. 34–44, Ara. 2020, [çevrimiçi]. Erişim adresi: https://izlik.org/JA25TM53DC
ISNAD
Kamışlı, Serap - Kocadayı, Neslihan - Hamad Ameen, Mustafa. “The Asymmetric Relationships Between Hedge Funds and Financial Indicators: Evidence From Turkey”. Girişimcilik ve Kalkınma Dergisi 15/2 (01 Aralık 2020): 34-44. https://izlik.org/JA25TM53DC.
JAMA
1.Kamışlı S, Kocadayı N, Hamad Ameen M. The Asymmetric Relationships Between Hedge Funds and Financial Indicators: Evidence From Turkey. GKD. 2020;15:34–44.
MLA
Kamışlı, Serap, vd. “The Asymmetric Relationships Between Hedge Funds and Financial Indicators: Evidence From Turkey”. Girişimcilik ve Kalkınma Dergisi, c. 15, sy 2, Aralık 2020, ss. 34-44, https://izlik.org/JA25TM53DC.
Vancouver
1.Serap Kamışlı, Neslihan Kocadayı, Mustafa Hamad Ameen. The Asymmetric Relationships Between Hedge Funds and Financial Indicators: Evidence From Turkey. GKD [Internet]. 01 Aralık 2020;15(2):34-4. Erişim adresi: https://izlik.org/JA25TM53DC