THE INTERACTION BETWEEN VIX INDEX AND STOCK MARKET: APPLICATION IN BIST MANUFACTURİNG, SERVICE AND TRADE INDEX VIX ENDEKSİ VE BORSA ETKİLEŞİMİ: BIST İMALAT, HİZMET VE TİCARET ENDEKSLERİ ÜZERİNDE UYGULAMA
Author : Meryem ŞAHAN
-Ninjin ALTANGEREL - İbrahim Halil EKŞİ
Number of pages : 27-34
Abstract
With the impact of globalization, technological developments, financial integration and similar factors, international interaction has taken a very different dimension especially in the last 20 years. One of these dimensions is the increase in investor sentiment in stock market. It can be measured in many different ways, VIX index is one of them. The purpose of this study is to reveal the impact of VIX on industry, trade and service indexes of Turkey Istanbul Stock Exchange. In this study, ARDL / Boundary test method was used to investigate possible long-term relationship (cointegration) between variables. The analysis was carried out in the period 2010: 1 - 2018: 12. According to the results of unit root test, long-term relationship could not be observed for trade and industrial indices but long-term relationship was found for service industry index.
Keywords
VIX,ARDL/Boundary Test,Trade Index,Service Index,Manufacturating Index
@article{2018,title={THE INTERACTION BETWEEN VIX INDEX AND STOCK MARKET: APPLICATION IN BIST MANUFACTURİNG, SERVICE AND TRADE INDEX},abstractNode={
With the impact of globalization, technological developments, financial integration and similar factors, international interaction has taken a very different dimension especially in the last 20 years. One of these dimensions is the increase in investor sentiment in stock market. It can be measured in many different ways, VIX index is one of them. The purpose of this study is to reveal the impact of VIX on industry, trade and service indexes of Turkey Istanbul Stock Exchange. In this study, ARDL / Boundary test method was used to investigate possible long-term relationship (cointegration) between variables. The analysis was carried out in the period 2010: 1 - 2018: 12. According to the results of unit root test, long-term relationship could not be observed for trade and industrial indices but long-term relationship was found for service industry index.
},author={Meryem ŞAHAN -Ninjin ALTANGEREL - İbrahim Halil EKŞİ },year={2018},journal={Uluslararası İşletme, Ekonomi ve Yönetim Perspektifleri Dergisi }}
Meryem ŞAHAN -Ninjin ALTANGEREL - İbrahim Halil EKŞİ . 2018 . THE INTERACTION BETWEEN VIX INDEX AND STOCK MARKET: APPLICATION IN BIST MANUFACTURİNG, SERVICE AND TRADE INDEX . Uluslararası İşletme, Ekonomi ve Yönetim Perspektifleri Dergisi .DOI:10.29228/ijbemp.6697
Meryem ŞAHAN -Ninjin ALTANGEREL - İbrahim Halil EKŞİ .(2018).THE INTERACTION BETWEEN VIX INDEX AND STOCK MARKET: APPLICATION IN BIST MANUFACTURİNG, SERVICE AND TRADE INDEX.Uluslararası İşletme, Ekonomi ve Yönetim Perspektifleri Dergisi
Meryem ŞAHAN -Ninjin ALTANGEREL - İbrahim Halil EKŞİ ,"THE INTERACTION BETWEEN VIX INDEX AND STOCK MARKET: APPLICATION IN BIST MANUFACTURİNG, SERVICE AND TRADE INDEX" , Uluslararası İşletme, Ekonomi ve Yönetim Perspektifleri Dergisi (2018)
Meryem ŞAHAN -Ninjin ALTANGEREL - İbrahim Halil EKŞİ . 2018 . THE INTERACTION BETWEEN VIX INDEX AND STOCK MARKET: APPLICATION IN BIST MANUFACTURİNG, SERVICE AND TRADE INDEX . Uluslararası İşletme, Ekonomi ve Yönetim Perspektifleri Dergisi . 2018. DOI:10.29228/ijbemp.6697
Meryem ŞAHAN -Ninjin ALTANGEREL - İbrahim Halil EKŞİ .THE INTERACTION BETWEEN VIX INDEX AND STOCK MARKET: APPLICATION IN BIST MANUFACTURİNG, SERVICE AND TRADE INDEX. Uluslararası İşletme, Ekonomi ve Yönetim Perspektifleri Dergisi (2018)
Meryem ŞAHAN -Ninjin ALTANGEREL - İbrahim Halil EKŞİ .THE INTERACTION BETWEEN VIX INDEX AND STOCK MARKET: APPLICATION IN BIST MANUFACTURİNG, SERVICE AND TRADE INDEX. Uluslararası İşletme, Ekonomi ve Yönetim Perspektifleri Dergisi (2018)
Format:
Meryem ŞAHAN -Ninjin ALTANGEREL - İbrahim Halil EKŞİ . (2018) .THE INTERACTION BETWEEN VIX INDEX AND STOCK MARKET: APPLICATION IN BIST MANUFACTURİNG, SERVICE AND TRADE INDEX Uluslararası İşletme, Ekonomi ve Yönetim Perspektifleri Dergisi
Meryem ŞAHAN -Ninjin ALTANGEREL - İbrahim Halil EKŞİ . THE INTERACTION BETWEEN VIX INDEX AND STOCK MARKET: APPLICATION IN BIST MANUFACTURİNG, SERVICE AND TRADE INDEX . Uluslararası İşletme, Ekonomi ve Yönetim Perspektifleri Dergisi . 2018 doi:10.29228/ijbemp.6697
Meryem ŞAHAN -Ninjin ALTANGEREL - İbrahim Halil EKŞİ ."THE INTERACTION BETWEEN VIX INDEX AND STOCK MARKET: APPLICATION IN BIST MANUFACTURİNG, SERVICE AND TRADE INDEX",Uluslararası İşletme, Ekonomi ve Yönetim Perspektifleri Dergisi (2018)
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