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What is Consumer Confidence and Financial Markets in Turkey about?

This study investigates the relationship between consumer confidence and financial market variables in Turkey during the global crisis from January 2008 to October 2009. It finds that consumer confidence acts as an endogenous variable influenced by financial market indicators such as interest rates, exchange rates, and stock indices, highlighting its role as a significant economic indicator in emerging markets. The research employs advanced econometric methods, including cointegration and vector error corre

Author

ANA HILMI

Language

EN