BAŞLICA MAKROEKONOMİK GÖSTERGELERİN GELİŞMEKTE OLAN ÜLKELER TAHVİL ENDEKSİ ÜZERİNDEKİ ETKİSİ
This paper examines the effects of major macroeconomic fundamentals on emerging market bond index spreads by using a panel of 25 emerging market countries’ bond index spreads and a set of macroeconomic indicators between 2000 and 2009. The findings of the study suggest that there is a positive relat...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Afyon Kocatepe University
2015-09-01
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| Series: | Afyon Kocatepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi |
| Subjects: | |
| Online Access: | http://dergipark.gov.tr/akuiibfd/issue/1618/20253?publisher=aku |
| _version_ | 1811163470664564736 |
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| author | S.M. Zahedul Islam Chowdhury Yılmaz BAYAR Cüneyt KILIÇ |
| author_facet | S.M. Zahedul Islam Chowdhury Yılmaz BAYAR Cüneyt KILIÇ |
| author_sort | S.M. Zahedul Islam Chowdhury |
| collection | DOAJ |
| description | This paper examines the effects of major macroeconomic fundamentals on emerging market bond index spreads by using a panel of 25 emerging market countries’ bond index spreads and a set of macroeconomic indicators between 2000 and 2009. The findings of the study suggest that there is a positive relationship between bond index spread and foreign direct investment, inflation and a negative relationship between bond index spread and GDP, reserve in total external debt. Major determinants of the emerging markets bond index are determined by using regression analysis based on ordinary least squares method has been applied consisting of fixed effect model, random effect model, but Hausman test showed that fixed effect model is more appropriate. |
| first_indexed | 2024-04-10T14:42:27Z |
| format | Article |
| id | doaj.art-474b34e910554190a4b834d434301de6 |
| institution | Directory Open Access Journal |
| issn | 1302-1966 2651-4117 |
| language | English |
| last_indexed | 2024-04-10T14:42:27Z |
| publishDate | 2015-09-01 |
| publisher | Afyon Kocatepe University |
| record_format | Article |
| series | Afyon Kocatepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi |
| spelling | doaj.art-474b34e910554190a4b834d434301de62023-02-15T16:08:06ZengAfyon Kocatepe UniversityAfyon Kocatepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi1302-19662651-41172015-09-01152153031BAŞLICA MAKROEKONOMİK GÖSTERGELERİN GELİŞMEKTE OLAN ÜLKELER TAHVİL ENDEKSİ ÜZERİNDEKİ ETKİSİS.M. Zahedul Islam Chowdhury0Yılmaz BAYAR1Cüneyt KILIÇ2???This paper examines the effects of major macroeconomic fundamentals on emerging market bond index spreads by using a panel of 25 emerging market countries’ bond index spreads and a set of macroeconomic indicators between 2000 and 2009. The findings of the study suggest that there is a positive relationship between bond index spread and foreign direct investment, inflation and a negative relationship between bond index spread and GDP, reserve in total external debt. Major determinants of the emerging markets bond index are determined by using regression analysis based on ordinary least squares method has been applied consisting of fixed effect model, random effect model, but Hausman test showed that fixed effect model is more appropriate.http://dergipark.gov.tr/akuiibfd/issue/1618/20253?publisher=akuEmerging Markets Emerging Markets Bond Index SpreadsGelişmekte Olan Ülkeler Gelişmekte Olan Ülkeler Tahvil Endeksi Panel Data Analizi. |
| spellingShingle | S.M. Zahedul Islam Chowdhury Yılmaz BAYAR Cüneyt KILIÇ BAŞLICA MAKROEKONOMİK GÖSTERGELERİN GELİŞMEKTE OLAN ÜLKELER TAHVİL ENDEKSİ ÜZERİNDEKİ ETKİSİ Afyon Kocatepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi Emerging Markets Emerging Markets Bond Index Spreads Gelişmekte Olan Ülkeler Gelişmekte Olan Ülkeler Tahvil Endeksi Panel Data Analizi. |
| title | BAŞLICA MAKROEKONOMİK GÖSTERGELERİN GELİŞMEKTE OLAN ÜLKELER TAHVİL ENDEKSİ ÜZERİNDEKİ ETKİSİ |
| title_full | BAŞLICA MAKROEKONOMİK GÖSTERGELERİN GELİŞMEKTE OLAN ÜLKELER TAHVİL ENDEKSİ ÜZERİNDEKİ ETKİSİ |
| title_fullStr | BAŞLICA MAKROEKONOMİK GÖSTERGELERİN GELİŞMEKTE OLAN ÜLKELER TAHVİL ENDEKSİ ÜZERİNDEKİ ETKİSİ |
| title_full_unstemmed | BAŞLICA MAKROEKONOMİK GÖSTERGELERİN GELİŞMEKTE OLAN ÜLKELER TAHVİL ENDEKSİ ÜZERİNDEKİ ETKİSİ |
| title_short | BAŞLICA MAKROEKONOMİK GÖSTERGELERİN GELİŞMEKTE OLAN ÜLKELER TAHVİL ENDEKSİ ÜZERİNDEKİ ETKİSİ |
| title_sort | baslica makroekonomik gostergelerin gelismekte olan ulkeler tahvil endeksi uzerindeki etkisi |
| topic | Emerging Markets Emerging Markets Bond Index Spreads Gelişmekte Olan Ülkeler Gelişmekte Olan Ülkeler Tahvil Endeksi Panel Data Analizi. |
| url | http://dergipark.gov.tr/akuiibfd/issue/1618/20253?publisher=aku |
| work_keys_str_mv | AT smzahedulislamchowdhury baslicamakroekonomikgostergeleringelismekteolanulkelertahvilendeksiuzerindekietkisi AT yılmazbayar baslicamakroekonomikgostergeleringelismekteolanulkelertahvilendeksiuzerindekietkisi AT cuneytkilic baslicamakroekonomikgostergeleringelismekteolanulkelertahvilendeksiuzerindekietkisi |