Sürdürülebilir Kalkınma Amaçları
Yayınlar
- MakaleYalnız künye2023Dynamic Volatility Spillover Among Emerging EAGLE Markets
Bozma, Gürkan; Künü, Serkan; İmamoğlu, İlyas Kays
The aim of this study is to investigate the volatility spillover between EAGLE stock market indices using the method proposed by Diebold and Yilmaz (2009, 2012). To achieve this aim, EAGLE stock market data was collected from the DataStream database for the period from 2005 to 2019. The Granger causality test was applied using the VAR model, and it was found that there are various causality relationships between countries. The findings indicate that, while the total volatility spillover index was approximately 10% in 2005, it nearly tripled during the financial crisis. The US debt crisis and the economic contraction in the Eurozone caused the total volatility spillover index to reach its maximum level of approximately 40%, and it continued to decrease until 2019. Turkey, Brazil, India, and Indonesia were found to be the net receivers of volatility, while China, Russia, and Mexico were identified as the net transmitters of volatility.
AtıfTR Dizin1
İncele - MakaleAçık Erişim2023Does Economic Growth and Development Affect Mental Diseases? Evidence from Developing and Least Developed Countries
Gültekin, Ömer Faruk; İmamoğlu, İlyas Kays
While the process of economic growth and development reflects on societies as an increase in welfare, it can also lead to negative effects such as pollution and the emergence of some diseases. Population growth and the stresses and pressures of urban life also lead to an increase in mental diseases. The study aims to investigate the relationship between mental diseases and important development indicators such as income, population, and health in underdeveloped and developing countries. In the study, the Kuznets model was used to investigate mental diseases in 119 different countries for the period 1995-2019 using the variables of income per capita, life expectancy at birth, birth rate per woman, and number of people per square kilometer. In the estimation process, based on the results of the quantile regression test, it was found that there is a "U" shaped relationship between mental diseases and per capita income for many quantile levels. The turning point for mental illness about per capita income level was calculated to be approximately 2000 dollars for the average of different quantile levels. It can be said that developing policies for the risks caused by urban life and crowded populations in societies that strive for economic growth and development will provide advantages to countries in the process of reducing mental diseases.