The Effects of the COVID-19 Pandemic on Conventional and Islamic Stock Markets in Turkey

dc.authorid0000-0002-8155-1597
dc.authorid0000-0002-8155-1597
dc.authorwosidCevik, Emrah/K-1967-2019
dc.authorwosidCevik, Emrah/AAE-7169-2022
dc.contributor.authorErdoğan, Seyfettin
dc.contributor.authorGedikli, Ayfer
dc.contributor.authorÇevik, Emrah İsmail
dc.date.accessioned2022-05-11T14:33:32Z
dc.date.available2022-05-11T14:33:32Z
dc.date.issued2020
dc.departmentFakülteler, İktisadi ve İdari Bilimler Fakültesi, İktisat Bölümü
dc.description.abstractIn order to reveal the macroeconomic effects of the Covid-19 pandemic, financial markets should also be handled in addition to the real sector. Investigating the changes in the stock market may give clues to analyze the effects of the pandemic on financial markets. The researches in question can be carried out for a country group or a single country. Studies that are conducted for a single country allow researchers to analyze problems more precisely and put forward more specific and convenient policy suggestions. Furthermore, while investigating the effect of the pandemic on stock markets, handling conventional and Islamic stock markets together can provide more comparative and realistic data in determining the policies regarding financial markets. The aim of the study is to examine the reaction of conventional and Islamic stock markets to the Covid-19 outbreak in Turkey. In the study, the DCC-GARCH method was applied by using the daily data from Feb 10, 2011 to Sep 02, 2020. The empirical results indicated that Islamic stock markets are more stable to the global Covid-19 outbreak shock than the conventional stock market in Turkey. Based on these findings it can be suggested that Turkey should take steps to support the development of the Islamic financial system to have a sounder financial system.
dc.identifier.doi10.28949/bilimname.799413
dc.identifier.endpage110
dc.identifier.issn2148-5860
dc.identifier.issue2en_US
dc.identifier.startpage89
dc.identifier.urihttps://doi.org/10.28949/bilimname.799413
dc.identifier.urihttps://hdl.handle.net/20.500.11776/7793
dc.identifier.volume42
dc.identifier.wosWOS:000586052400004
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.institutionauthorÇevik, Emrah İsmail
dc.language.isoen
dc.publisherIlahiyat Bilimleri Arastirma Vakfi
dc.relation.ispartofBilimname
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccess
dc.subjectIslamic Economy
dc.subjectCovid-19
dc.subjectParticipation index
dc.subjectISE 100 index
dc.subjectFinancial markets
dc.subjectUncertainty
dc.titleThe Effects of the COVID-19 Pandemic on Conventional and Islamic Stock Markets in Turkey
dc.typeArticle

Dosyalar

Orijinal paket
Listeleniyor 1 - 1 / 1
Yükleniyor...
Küçük Resim
İsim:
7793.pdf
Boyut:
554.51 KB
Biçim:
Adobe Portable Document Format
Açıklama:
Tam Metin / Full Text