Turkish currency crisis – Spillover effects on European banks
We analyze stock price reactions of the largest listed banks across 9 countries in Europe to the currency crisis in Turkey, on August 10, 2018. We find a statistically significant two-day cumulative abnormal return of −2.0% for the European banks, excluding banks of Turkey, using the Fama-French fiv...
| Hoofdauteurs: | , |
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| Formaat: | Artikel |
| Taal: | English |
| Gepubliceerd in: |
Elsevier
2019-12-01
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| Reeks: | Borsa Istanbul Review |
| Online toegang: | http://www.sciencedirect.com/science/article/pii/S2214845018304010 |