Work

The Relationship Between Foreign Portfolio Investment and Macroeconomic Variables

Year: 2013

Type: article

Abstract: The study analyzes the relationship between foreign portfolio investments and macroeconomic factors for the period between 2006-2012 by using VAR, Var Granger Causality Tests, Impulse Responses and Variance Decomposition. According to Granger Causality Tests and Impulse Responses, foreign portfolio investment affects Istanbul Stock Exchange Price Index and exchange rates. Only industrial production index has affect on foreign portfolio investment.

Source: European Scientific Journal ESJ

Authors: Gülüzar Kurt Gümüş, Atakan Duru, Bener Güngör

Institutions: Dokuz Eylül University, Atatürk University

Language: English

Topic: Global Financial Crisis and Policies

Subfield: Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: diamond

OpenAlex ID: W1533742268

FWCI: 1.101

Cites: 14

Cited by: 24

Related to: 10