Effects of FX on ETF Prices: Evidence from BIST

dc.contributor.authorBayat, Tayfur
dc.contributor.authorKoktas, Altug Murat
dc.contributor.authorKayhan, Selim
dc.contributor.authorKonat, Goekhan
dc.date.accessioned2024-08-04T20:10:25Z
dc.date.available2024-08-04T20:10:25Z
dc.date.issued2024
dc.departmentİnönü Üniversitesien_US
dc.description.abstractThis study better investigates the possible relationship between exchange rates and ETF prices in the BIST to understand ETF investors' behaviour in the Turkish economy. Conventional and Fourier-based co-integration and causality analysis methods were employed to test models. According to findings, although the exchange rate has no direct effect on ETF prices in Turkiye, it is effective on ETF prices indirectly via the risk and share of foreign investors. The originality of the study lies in models built with additional control variables. In doing so, we measure the direct and indirect effects of the exchange rate on the Turkish economy.en_US
dc.identifier.doi10.17233/sosyoekonomi.2024.01.09
dc.identifier.endpage222en_US
dc.identifier.issn1305-5577
dc.identifier.issue59en_US
dc.identifier.scopus2-s2.0-85191974550en_US
dc.identifier.scopusqualityN/Aen_US
dc.identifier.startpage207en_US
dc.identifier.trdizinid1224196en_US
dc.identifier.urihttps://doi.org/10.17233/sosyoekonomi.2024.01.09
dc.identifier.urihttps://search.trdizin.gov.tr/yayin/detay/1224196
dc.identifier.urihttps://hdl.handle.net/11616/92772
dc.identifier.volume32en_US
dc.identifier.wosWOS:001163472900002en_US
dc.identifier.wosqualityN/Aen_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.indekslendigikaynakTR-Dizinen_US
dc.language.isoenen_US
dc.publisherSosyoekonomi Socen_US
dc.relation.ispartofSosyoekonomien_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectETFen_US
dc.subjectMSCI Turkiyeen_US
dc.subjectFourier Toda-Yamamoto Causality Testen_US
dc.titleEffects of FX on ETF Prices: Evidence from BISTen_US
dc.typeArticleen_US

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