Asset Returns, Inflation and Real Activity: The Case of Mexico and Turkey
Kamil Yilmaz () and
Sumru Altug ()
Working Papers from Koc University
This study seeks to uncover the factors determining the dynamic behavior of key macroeconomic variables in two emerging market economies, Turkey and Mexico, from the late 1980's to the present. For this purpose, we analyze the behavior of real interest rates, real stock returns, inflation, industrial production, and the real exchange rate using a multivariate vector autoregression (VAR) model.
Keywords: INFLATION; TURKEY; MEXICO; INTEREST RATE; STOCK MARKET (search for similar items in EconPapers)
JEL-codes: E20 E30 (search for similar items in EconPapers)
References: Add references at CitEc
Citations: View citations in EconPapers (6) Track citations by RSS feed
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:fth:kocuni:1998/03
Access Statistics for this paper
More papers in Working Papers from Koc University Koc University. Intinye 80860. Istanbul Turkey. Contact information at EDIRC.
Bibliographic data for series maintained by Thomas Krichel ().