COVID-19 Krizi’nin Türkiye ve G7 Ülkelerinin Borsa Oynaklıkları Üzerindeki Etkisi

USTALAR ,Sinem ATICI; ŞANLISOY ,Selim

doi:10.17153/oguiibf.884895

Sinem ATICI USTALAR

(Atatürk Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, İktisat Bölümü, Erzurum, Türkiye)

Selim ŞANLISOY

(Dokuz Eylül Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, İktisat Bölümü, İzmir, Türkiye)

Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi

Yıl: 2021Cilt: 16Sayı: 2ISSN: 1306-6730 / 1306-6293Sayfa Aralığı: 446 - 462Metin Dili: Türkçe

DOI: https://doi.org/10.17153/oguiibf.884895

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Türkçe
İngilizce

COVID-19 Krizi’nin Türkiye ve G7 Ülkelerinin Borsa Oynaklıkları Üzerindeki Etkisi

Öz: COVID-19 virüsü başlangıçta bir sağlık krizi olarak ortayaçıkmış fakat kısa sürede bir ekonomik ve finansal krizedönüşmüştür. Salgın, ülke ekonomilerini COVID-19 vakasayıları ile doğru orantılı bir şekilde etkilemiştir. Bubağlamda çalışmanın amacı, COVID-19 vaka sayılarınınyüksek olduğu ve ekonomik olarak güçlü olan G7 ülkelerive Türkiye için COVID-19 krizinin bu ülkelerin hissesenedi piyasalarının oynaklıkları üzerindeki etkisinisınamaktır. EGARCH(1,1) modeli ile gerçekleştirilen analiz11 Mart 2020/ 15 Ocak 2021 tarihlerini kapsamaktadır.Model sonuçlarına göre COVID-19 krizi Fransa, Japonya,Kanada ve Türkiye’nin hisse senedi piyasalarınınoynaklıklarını arttırmaktadır.

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The Impact of COVID-19 Crisis on Stock Market Volatilities of Turkey and G7 Countries

Öz:The COVID-19 virus initially emerged as a health crisis, but soon turned into an economic and financial crisis. The epidemic affected countries’ economies in direct proportion to the number of COVID-19 cases. In this context, the aim of this study examines the effect COVID-19 crisis on stock markets for G7 countries which have a high number of COVID-19 cases and are economically powerful, and Turkey. The analysis was performed with EGARCH (1,1) model and covers the dates of 11 March 2020/15 January 2021. According to the model results, the COVID-19 crisis increases the stock market volatilities of France, Japan, Canada, and Turkey.

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Belge Türü: DergiMakale Türü: Araştırma MakalesiErişim Formatı: Erişime Açık

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