Kurum Yazarı "Çevik, Emrah İsmail" İçin Listeleme
-
Identifying systemically important financial institutions in Turkey
Çalışkan, Hande; Çevik, Emrah İsmail; Kırcı Çevik, Nuket; Dibooğlu, Sel (Elsevier, 2021)This paper examines the systemic risk of financial firms in Turkey. Using Component Expected Shortfall, we provide estimates of systemic risk in Turkey using daily data from 2005 to 2018 and a comprehensive data set ... -
The impact of digital finance on the natural resource market: Evidence from DeFi, oil, and gold
Çevik, Emrah İsmail; Günay, Samet; Zafar, Muhammad Wasif; Destek, Mehmet Akif; Buğan, Mehmet Fatih; Tuna, Fatih (Elsevier Sci Ltd, 2022)The purpose of this study is to examine the interconnectedness between DeFi and natural resource assets in terms of return and volatility spillovers, as well as the effectiveness of hedging, utilizing the time and frequency ... -
The impact of expected and unexpected events on Bitcoin price development: Introduction of futures market and COVID-19
Çevik, Emrah İsmail; Günay, Samet; Dibooğlu, Sel; Yıldırım, Durmuş Çağrı (Elsevier Ltd, 2023)This study examines the impact of two critical events, the introduction of Bitcoin futures and the COVID-19 pandemic, on Bitcoin's returns and volatility. We find that the inception of Bitcoin futures (positively) impacts ... -
Investor sentiments and stock markets during the COVID-19 pandemic
Çevik, Emre; Altınkeski, Buket Kırcı; Çevik, Emrah İsmail; Dibooğlu, Sel (Springer, 2022)This study examines the relationship between positive and negative investor sentiments and stock market returns and volatility in Group of 20 countries using various methods, including panel regression with fixed effects, ... -
Oil prices and economic growth in major emerging economies: Evidence from asymmetric frequency domain causality tests
Çevik, Emrah İsmail; Dibooğlu, S.; Kantarcı, Tuğba; Çalışkan, Hande (IGI Global, 2020)There is a strong correlation between energy prices and economic activity. The relationship particularly holds true for crude oil as changes in oil prices are associated with changes in production costs, and economic ... -
Oil Prices and Global Stock Markets: A Time-Varying Causality-In-Mean and Causality-in-Variance Analysis
Çevik, Emrah İsmail; Atukeren, Erdal; Korkmaz, Turhan (Mdpi, 2018)This study examines the Granger-causal relationships between oil price movements and global stock returns by using time-varying Granger-causality tests in mean and in variance. We use the daily returns from Morgan Stanley ... -
Oil prices, stock market returns and volatility spillovers: Evidence from Turkey
Çevik, Nüket Kırcı; Çevik, Emrah İsmail; Dibooğlu, Sel (Elsevier B.V., 2020)This paper examines the relationship between crude oil prices and stock market returns in Turkey taking into account volatility spillovers that are exemplified by second moment effects. Using weekly data from 1990 to 2017 ... -
Oil prices, stock market returns, and volatility spillovers: evidence from Saudi Arabia
Çevik, Emrah İsmail; Dibooğlu, Sel; Awad Abdallah, Atif; Al-Eisa, Eisa Abdulrahman (Springer Heidelberg, 2021)This work reinvestigates the interrelationship between crude oil prices and stock market returns in Saudi Arabia by taking into account volatility spillovers that are exemplified by second-moment effects. Using weekly data ... -
Para Politikası Tercihleri İle İşsizlik Oranları Arasındaki İlişki
Çevik, Emrah İsmail; Yıldırım, Durmuş Çağrı (Ege Univ, Fac Economics & Admin Sciences, 2018)The aim of this study is to examine the relation between CBRT's monetary policy preferences and unemployment rates for the periods of 1999-2014. We consider Taylor rule as a monetary policy rule and employ Markov ... -
Petrol Fiyatları ve Enflasyon Arasında Frekans Alanında Asimetrik Nedensellik Analizi: BRICS-T Ülkeleri Üzerine Bir Uygulama
Petrol ürünlerinin yalnızca nihai tüketim malı olarak değil, birçok ekonomik faaliyette girdi olarakkullanılmaktadır. Bu kapsamda petrol fiyatlarındaki değişmeler ve ekonomi üzerindeki etkileri bu konudaaraştırmayı gerekli ... -
Petrol Fiyatlarındaki Oynaklığın İktisadi Büyüme ve Enflasyon Üzerindeki Etkisi: Gcc Ülkeleri Örneği
Petrole bağımlı ülkelerde petrol fiyatlarındaki oynaklığın makro ekonomikdeğişkenler üzerindeki etkisinin ampirik olarak araştırılmasından elde edilecek bulgular, bu ülkelerde üretim yapısı ve sektörel dönüşüm politikalarının ... -
Precious metals as safe-haven for clean energy stock investment: Evidence from nonparametric Granger causality in distribution test
Erdoğan, Seyfettin; Gedikli, Ayfer; Çevik, Emrah İsmail; Erdoğan, Fatma; Çevik, Emre (Elsevier Sci Ltd, 2022)The study aims to examine the connectedness between clean energy stocks and precious metals prices under the different market episodes. We employ the Granger causality-in-the distribution test proposed by Candelon and ... -
Regime-Dependent Effect of Crude Oil Price on BRICS Stock Markets
Yıldırım, Durmuş Çağrı; Erdoğan, Seyfettin; Çevik, Emrah İsmail (Routledge Journals, Taylor & Francis Ltd, 2018)In this study, the dynamic relation between global crude oil prices and stock prices is investigated in terms of crude oil-exporting and -importing countries. The relationship between crude oil prices and stock prices is ... -
Regime-dependent relation between Islamic and conventional financial markets
Çevik, Emrah İsmail; Buğan, Mehmet Fatih (Elsevier, 2018)The aim of this paper is to examine regime-dependent dynamic relation between Islamic and conventional financial markets by means of Markov Switching Vector Autoregression (MS-VAR). Empirical results suggest evidence in ... -
Relationship between oil price volatility and military expenditures in GCC countries
Erdoğan, Serkan; Çevik, Emrah İsmail; Gedikli, Ayfer (Springer, 2020)Natural resource-rich countries transfer more sources to military expenditures due to extreme security concerns. As public revenues have declined due to the decline in oil prices, military expenditures have been cut in ... -
Renewable and non-renewable energy consumption and economic growth in the US: A Markov-Switching VAR analysis
Çevik, Emrah İsmail; Yıldırım, Durmuş Çağrı; Dibooğlu, Sel (SAGE Publications Inc., 2021)We examine the relationship between renewable and non-renewable energy consumption and economic growth in the United States. While the regime-dependent Granger causality test results for the non-renewable energy consumption ... -
Return and risk spillovers between the ESG global index and stock markets: Evidence from time and frequency analysis
Kılıç, Yunus; Destek, Mehmet Akif; Çevik, Emrah İsmail; Buğan, Mehmet Fatih; Korkmaz, Oya; Dibooglu, Sel (Elsevier, 2022)In this paper, we examine comovements between stock market returns and investments that take into account Environmental, Social, and Governance (ESG) factors by studying the interconnections between the two returns in time ... -
Testing Adaptive Market Hypothesis in Global Islamic Stock Markets: Evidence From Markov-Switching Adf Test
Buğan, Mehmet Fatih; Çevik, Emrah İsmail; Çevik, Nüket Kırcı; Yıldırım, Durmuş Çağrı (Ilahiyat Bilimleri Arastirma Vakfi, 2021)Although market efficiency has been extensively examined in the literature, the studies generally focus on conventional stock markets. Since market efficiency is related to a well-functioning market, it is of great importance ... -
Testing causal relation among central and eastern European equity markets: evidence from asymmetric causality test
Çevik, Emrah İsmail; Korkmaz, Turhan; Çevik, Emre (Routledge Journals, Taylor & Francis Ltd, 2017)The aim of this study is to analyse the presence of a causal link among financial markets of Central and Eastern Europe (CEE) countries by adopting an asymmetric causality test. The standard causality test results suggest ... -
Time-varying volatility spillovers between oil prices and precious metal prices
Yıldırım, Durmuş Çağrı; Çevik, Emrah İsmail; Esen, Ömer (Elsevier Sci Ltd, 2020)This paper tackles whether there is a return and volatility spillover effect between oil price and precious metal prices such as gold, silver, platinum, and palladium using the causality-in-variance test approach proposed ...