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Dervis Kirikkaleli
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This study aims to shed light on the co-movement of sovereign credit risk and economic risk in Turkey using the Toda–Yamamoto causality, Gradual Shift causality, and Wavelet Coherence tests. The study answers the following questions, which, to the best of our knowledge, have not been investigated in the literature: (i) Is there any causal linkage between sovereign credit risk and economic risk?; and (ii) If yes, why? Our findings reveal that (i) economic risk caused ...
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Amsterdam: Elsevier, 2020
658.15 BIR 20:2 (2020)
Artikel Jurnal Universitas Indonesia Library