TY  - JOUR
TI  - Investigation of Causality Relationships among COVID-19 Cases, ISE100 Index, Dollar, Euro, Gram Gold Prices and 2 Years Bond Rates: The Case of Turkey
AB  - The purpose of this research is to analyze such economic data during the outbreak of the COVID-19 in Turkey. The variable rateswere taken from COVID-19 situations, ISE-100 index, Turkish lira dollar (TRY), TRY euro prices, TRY gram Gold and two year bondrates. General COVID-19 information was provided and certain financial indicators were investigated in COVID-19 (47 days). Firstof all, these variables were used as descriptive statistics and correlation matrix. For the purposes of stationarity testing, the firstvariables were stationary with Augmented Dickey-Fuller and Phillips-Terron Tests. The lag duration of the deployment modelVECM was then calculated as the fourth lag with the highest information requirement. The co-integration relationship betweenthe variables was calculated by the Johansen Cointegration Test. Thanks to this relationship, the variables have a long-termcorrelation. The Vector Fix Model (VECM) was chosen because it is co-integration. Inverse roots, autocorrelation and normalityhave been developed, which are essential assumptions to use the VECM (4) model; Therefore, the Granger Causality / BlockExogeneity Wald Test was applied to the variables of the VECM(4) model to define causality relationships between thesevariables. The results of this test have identified causalities for Turkey 2 years of government bond rates, Euro in TRY, Dollarprices in TRY and Gram in TRY
AU  - Ünvan, Yüksel Akay
DO  - 10.17093/alphanumeric.731303
PY  - 2020
JO  - Alphanumeric Journal
VL  - 8
IS  - 1
SN  - 2148-2225
SP  - 29
EP  - 42
DB  - TRDizin
UR  - http://search/yayin/detay/429175
ER  -