Advisors
Now showing items 1-12 of 12
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Analysis of fixed income securities in an emerging market
(Bilkent University, 2016-05)This thesis intends to analyze the yields of fixed income securities in an emerging market, Turkey. To this end, an international macroeconomic model is set up to capture the stylized facts in the interest rate dynamics ... -
The choice of interest rates in project management : the case of time varying interest rates
(Bilkent University, 2002)A study of existing and potential markets and of the technical and economical feasibility of a project, as well as sound finance planning, are indispensable. Economic profitability is the obvious and most important ... -
Do time-varying betas help in asset pricing? Evidence from the Borsa Istanbul Stock Exchange
(Bilkent University, 2013)The purpose of this thesis is to investigate the time variation in betas of nonfinancial firms traded in the Borsa Istanbul Stock Exchange over the period from January, 1998 to December, 2011 by utilizing the threshold ... -
Effects of foreign threats on military expenditure : Turkey-Greece case
(Bilkent University, 2004) -
The effects of military expenditures on Turkish economy : a general equilibrium model analysis
(Bilkent University, 2005)The purpose of this thesis is to investigate the effects of military expenditures over the period of 1980-2000, in Turkey. The analysis is conducted by the aid of computable general equilibrium model borrowed from Yeldan. ... -
Essays in asset pricing
(Bilkent University, 2022-01)This thesis is composed of four essays exploring the pricing behavior of different financial markets. In the first essay, we investigate the explanatory power of CAPM beta on cross-section of expected stock returns by allowing ... -
Evaluation of linkages between equity indices : evidence from İstanbul Stock Exchange and Dow Jones
(Bilkent University, 2009)This study investigates the linkage between the major stock market indices of Turkey (ISE National 100) and USA (Dow Jones Industrial Average). Main purpose of this research is to measure the interdependence and cointegration ... -
Financial liberalization, foreign equity investment and volatility in emerging stock exchanges
(Bilkent University, 2008)In this thesis, the effects of financial liberalization and foreign equity investment on the return volatility of stocks in emerging stock exchanges are investigated. At the aggregate level analyses, it is shown that the ... -
Institutional investment horizon, herding, and stock returns
(Bilkent University, 2020-12)This thesis investigates the interaction between the herding behavior of institutions classified by their investment horizons and the role of investment horizon of institutions in driving the book-to-market effect. First, ... -
Long-run and short-run links among the Turkish stock market and developed markets
(Bilkent University, 2002)One of the striking facts about the international economy is the high degree of integration, or linkage, among financial, or capital markets. Careful examination of international stock market movements in recent years ... -
Performance characteristics of investable hedge funds indexes
(Bilkent University, 2010)In this study we examine the performance of investable hedge fund indexes by using an extended asset pricing model which uses GMM regression methods. Monthly returns of Hedge Fund Research (HFR) investable hedge fund ... -
The relationship between defense spending and inflation : an emprical analysis for Turkey
(Bilkent University, 2004)This study estimates the relationship between defense expenditures and inflation in Turkey over the period of 1950-2001 by employing a Johansen Cointegration analysis and Granger Causality test. The different views that ...
