Browsing by Author "Suer, Omur"

Now showing 1 - 5 of 5

Citation - WoS: 5
Citation - Scopus: 7
A Closer Insight Into the Causality Between Short Selling Trades and Volatility
(Academic Press Inc Elsevier Science, 2016) Baklacı, Hasan Fehmi; Suer, Omur; Yelkenci, Tezer
This study addresses the Granger causality between short selling activities and stock price volatility in the US stock market, utilizing daily data and advanced methodologies. The results denote a bilateral causality between the short selling trades and the volatility of price changes in the US stock market at individual stock as well as at market level. The bilateral causality relationship persists during different market conjunctures. The findings imply that measures to curb excess price volatility stemming from short selling trades were relatively ineffective and the policy-makers need to impose more stringent restrictions to prevent market destabilization. (C) 2016 Elsevier Inc. All rights reserved.
Citation - WoS: 1
How Did Cds Markets Impact Stock Markets? Evidence From Latest Financial Crisis
(Eurasian Business & Economics Soc, 2013) Baklaci, Hasan Fehmi; Suer, Omur
It is well-documented that financial markets become more integrated during turmoil periods. In addition, the recent global financial crisis has led to an in depth analysis and discussion of the pros and cons of derivative instruments, particularly credit default swaps, which are considered as the best proxy for firm and sovereign default risk. The aim of this study is to explore if default risk, represented by CDS spreads, is embedded in stock returns. Our main assertion rests on the idea that if CDS spreads proxy default risk, then it should have informational content for stock markets and should have a significant impact in price formation process. The analysis is conducted by using CDS Regional Index spreads and MSCI Regional Index values in Europe, Pacific Region and Emerging Markets. The results indicate that changes in CDS Regional Index spreads significantly impact stock indices within the same region as well as cross-regionally.
Citation - WoS: 3
Impact of Money Attitude on Career Goals: a Survey on Undergraduate Students
(Ege Univ, Fac Economics & Admin Sciences, 2017) Suer, Omur; Baklaci, Hasan F.; Kocaer, Ecem
The objective of this study is to examine the impact of attitude towards money on career goals. The sample consists of undergraduate students and the data are examined using mean differences and multiple linear regression model. The main findings show that women tend to see money as a symbol of power and prestige. The findings also denote that women are more economy-minded, and are more prone to financial planning than men. The proponents of money as the symbol of power and prestige and those with more intense monetary concerns attach great importance to having high salaries in their profession.
Citation - WoS: 1
Citation - Scopus: 3
Price Linkages Among Emerging Gold Futures Markets
(World Scientific Publ Co Pte Ltd, 2018) Baklaci, Hasan F.; Suer, Omur; Yelkenci, Tezer
The gold futures in emerging markets have gained more importance in parallel to the increase in the size of gold trading in these markets. This research aims to detect the long-run price linkages and causality effects in these markets. China, Brazil, Russia, India, Korea, Taiwan, Turkey and Indonesia have been selected to represent emerging markets. US and Japan are also included as benchmark markets. The results denote the existence of long-term price dependencies and limited risk diversification benefits in the sample countries. The results further signify that China and Russia are the most isolated countries among the emerging markets sample.
Citation - WoS: 6
Citation - Scopus: 6
Volatility Linkages Among Gold Futures in Emerging Markets
(Routledge Journals, Taylor & Francis Ltd, 2016) Baklaci, Hasan F.; Suer, Omur; Yelkenci, Tezer
We aim to detect the cross-border volatility linkages among gold futures in emerging markets, which still remain an untapped area. China, India, Japan, Taiwan, Turkey, and U.S. futures markets are included in the sample. The volatility linkage analyses confirm the existence of volatility transmission among the majority of the sample countries' gold futures. This article carries vital inferences and implications for policy makers and investors. The policy making is particularly important for China, which is a relatively isolated market. From investors' perspective, the results indicate that the risk diversification and cross-market hedging opportunities in the emerging gold futures markets are quite limited.