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Journals / BİLTÜRK Ekonomi ve İlişkili Çalışmalar Dergisi / 2020 / Cilt: 2 - Sayı: 1

The Causal Relationship between Stock Market Unemployment in Turkey

Mercan HATİPOĞLU
Pages
327–330
Publication Date
2020-01-19
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

On the other hand, developments in the stock market should not be trusted to reduce unemployment rates.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Equity markets provide opportunities investors to invest in firms, while enabling long-term projects to be financed, promoting savings and investments.
📊
Key Findings & Data:The data of the study covers the period between July 2007 and September 2018.
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Conclusion & Impact:On the other hand, developments in the stock market should not be trusted to reduce unemployment rates.
🔬Design:Modeling & Simulation
📍Scope:2007 Verileri
⚙️Variables:BIST100 index · unemployment · Granger causality test

Abstract

Equity markets provide opportunities investors to invest in firms, while enabling long-term projects to be financed, promoting savings and investments. Public offerings and venture capital models encourage companies to make new investments and expand their business. The purpose of this article is to examine the relationship between the stock market and unemployment by using monthly data in the context of Turkey. The data of the study covers the period between July 2007 and September 2018. The method of research is based on Granger causality test. The empirical results reveal that there are not any significant causality relations between the Borsa Istanbul and unemployment rate. According to results, BIST-100 index could not be successful in predicting future unemployment rates. On the other hand, developments in the stock market should not be trusted to reduce unemployment rates.

Özet

Equity markets provide opportunities investors to invest in firms, while enabling long-term projects to be financed, promoting savings and investments. Public offerings and venture capital models encourage companies to make new investments and expand their business. The purpose of this article is to examine the relationship between the stock market and unemployment by using monthly data in the context of Turkey. The data of the study covers the period between July 2007 and September 2018. The method of research is based on Granger causality test. The empirical results reveal that there are not any significant causality relations between the Borsa Istanbul and unemployment rate. According to results, BIST-100 index could not be successful in predicting future unemployment rates. On the other hand, developments in the stock market should not be trusted to reduce unemployment rates.

🔖

Cite This Article

HATİPOĞLU, M. (2020). The Causal Relationship between Stock Market Unemployment in Turkey. BİLTÜRK Ekonomi ve İlişkili Çalışmalar Dergisi, Cilt: 2 - Sayı: 1, 327–330. https://ajindex.com/articles/6289

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