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008 240927d2023 cy o|||| |||| 00| 0 eng d
040 _aCY-NiCIU
_beng
_cCY-NiCIU
_erda
041 _aeng
090 _aD 438
_bA44 2023
100 1 _aAlhodiry, Ahmed Abdulrahman Othman
245 1 4 _aTHE IMPACT OF OIL PRICES, THE US INTEREST RATES ON TURKEY'S REAL ESTATE MARKET. NEW EVIDENCE FROM COBINED CO-INTEGRATION AND BOOTSTRAP ARDL TESTS /
_cAHMED ABDULRAHMAN OTHMAN ALHODIRY ; SUPERVISOR, PROF. DR. MEHMET AĞA
264 _c2023
300 _a158 sheets ;
_c30 cm
_e+1 CD ROM
336 _2rdacontent
_atext
_btxt
337 _2rdamedia
_aunmediated
_bn
338 _2rdacarrier
_avolume
_bnc
502 _aThesis (PhD) - Cyprus International University. Institute of Graduate Studies and Research Business Administration
520 _aThe 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 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.
650 0 _aBanking and Finance
_vDissertations, Academic
_xBusiness Administration
700 1 _aAğa, Mehmet
_esupervisor
942 _2ddc
_cTS
999 _c292883
_d292883