مشروع البحث: THE IMPACT OF OIL PRICES, THE US INTEREST RATES ON TURKEY’S REAL ESTATE MARKET. NEW EVIDENCE FROM COMBINED CO-INTEGRATION AND BOOTSTRAP ARDL TESTS
| dc.contributor.advisor | PROF. DR. MEHMET AǦA | |
| dc.date.accessioned | 2024-12-11T13:17:42Z | |
| dc.date.available | 2024-12-11T13:17:42Z | |
| dc.description | Turkey’s external debts are composed in the US dollars, and oil imports in Turkey hit record high in recent years. The study recommends that Turkish policymakers must pay more attention to the impacts of U.S. interest rates and oil prices on Turkish markets to sustain the economic and financial development. | |
| dc.description.abstract | ABSTRACT The present work aims to introduce fresh evidence by evaluating the impacts of the oil prices and the US interest rate on Turkish real estate market by employing two techniques of co-integration assessments namely: the developed bootstrap autoregressive distributed lag (ARDL) approach as introduced by (McNown et al. 2018), the updated approach of the Bayer-Hanck (2013) combined co-integration assessment. The ARDL approach is employed to study the connection amid the variables. The outcomes illustrate that the prices of oil have a positive and significant impacts on the Turkish real estate market. Furthermore, the outcomes illustrated that there is a significant spillover influence of the U.S. interest rate on the Turkish real estate market through domestic interest rates and oil prices channels. This study recommends that the following factors led to increasing volatility of the real estate market in Turkey to the U.S. interest rate and oil prices fluctuations: the presence of economic interdependence among the united states and Turkey, and the majority of | |
| dc.identifier.uri | https://dspace.academy.edu.ly/handle/123456789/840 | |
| dc.subject | Keywords: Interest rate, Oil prices, Real estate market, Turkey, U.S interest rate | |
| dc.title | THE IMPACT OF OIL PRICES, THE US INTEREST RATES ON TURKEY’S REAL ESTATE MARKET. NEW EVIDENCE FROM COMBINED CO-INTEGRATION AND BOOTSTRAP ARDL TESTS | |
| dspace.entity.type | Project | |
| project.endDate | 2023 | |
| project.funder.name | الخدمات المصرفية والمالية | |
| project.investigator | AHMED ABDULRAHMAN OTHMAN ALHODIRY | |
| project.startDate | 2022 |