Testing The Expectation Hypothesis For Fragile Eight Countries
| dc.contributor.author | ÇANAKCI, MEHMET | |
| dc.contributor.author | DERİNDAĞ, Ömer Faruk | |
| dc.contributor.author | EĞRİ, Taha | |
| dc.date.accessioned | 2022-10-26T18:00:26Z | |
| dc.date.available | 2022-10-26T18:00:26Z | |
| dc.date.issued | 2020 | |
| dc.department | İnönü Üniversitesi | en_US |
| dc.description.abstract | Öz: The financial crisis that occurred in the United States (USA) in 2008 and Europe in 2015 caused excessivefluctuations in all markets. It is important to estimate how the interest rates will be shaped in the long termin this situation where the investment environment comes. Understanding the relationship between interestrates of financial instruments of different term times is significant in this context for future estimates.Explanation of the maturity structure with the expectation hypothesis (EH) is a method frequently used inthe literature. According to this theory, long-term interest rates are the result of short-term interest ratesavailable in the market. In this study, it is aimed to test the EH by Kugler’s (1990) Approach which is basedon VAR Model, by analyzing the 3-month deposit interest and 10-year bond yield for Fragile Eightcountries for various periods. According to the research findings, while the expectation hypothesis forRussia, Indonesia is not found valid; the expectation hypothesis in South Africa, Chile, Turkey, India, Brazilis seen as important. | en_US |
| dc.identifier.citation | ÇANAKCI M, DERİNDAĞ Ö, EĞRİ T (2020). Testing The Expectation Hypothesis For Fragile Eight Countries. Üçüncü Sektör Sosyal Ekonomi, 55(4), 2721 - 2738. 10.15659/3.sektor-sosyal-ekonomi.20.12.1388 | en_US |
| dc.identifier.doi | 10.15659/3.sektor-sosyal-ekonomi.20.12.1388 | en_US |
| dc.identifier.endpage | 2738 | en_US |
| dc.identifier.issn | 2148-1237 | |
| dc.identifier.issn | 2587-0114 | |
| dc.identifier.issue | 4 | en_US |
| dc.identifier.startpage | 2721 | en_US |
| dc.identifier.trdizinid | 455634 | en_US |
| dc.identifier.uri | https://doi.org/10.15659/3.sektor-sosyal-ekonomi.20.12.1388 | |
| dc.identifier.uri | https://hdl.handle.net/11616/85210 | |
| dc.identifier.uri | https://search.trdizin.gov.tr/yayin/detay/455634 | |
| dc.identifier.volume | 55 | en_US |
| dc.indekslendigikaynak | TR-Dizin | en_US |
| dc.language.iso | en | en_US |
| dc.relation.ispartof | Üçüncü Sektör Sosyal Ekonomi | en_US |
| dc.relation.publicationcategory | Makale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanı | en_US |
| dc.rights | info:eu-repo/semantics/openAccess | en_US |
| dc.title | Testing The Expectation Hypothesis For Fragile Eight Countries | en_US |
| dc.type | Article | en_US |
