The Effect of Selected Macroeconomic Variables and Expectation Indices on the BIST 100 Index
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Tarih
2022
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Sosyoekonomi Soc
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
In this study, the macroeconomic factors and expectation indices affecting the BIST 100 index have been examined. The optimum Autoregressive Distributed Lag (ARDL) model has been created by utilising the Python programming language (Python) using the ARDL method. As a result of the analysis, it has been determined that long-term variables such as United States dollar Turkish lira parity (USD/TRY), Economic Confidence Index (EGE), and Consumer Price Index (TuFE) are correlated in the positive direction with the dependent variable BIST 100 index and in the negative direction with the 5-Year Bond Interest (FAIZ) and Volatility Index (VIX) variables. In contrast, Brent petrol United States dollar parity (BRENT) is not statistically significant.
Açıklama
Anahtar Kelimeler
BIST 100, Macroeconomic Variables, Expectation Index, ARDL Cointegration Testing, Python Programming Language
Kaynak
Sosyoekonomi
WoS Q Değeri
N/A
Scopus Q Değeri
N/A
Cilt
30
Sayı
54
