Kripto Para Piyasasında Spekülatif Fiyat Balonlarının Analizi

Güleç, Tuna Can; Aktaş, Hüseyin

doi:10.25095/mufad.625790

Cited by 5 publications

(1 citation statement)

References 30 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Finally, while 70 price bubbles were detected for Binance Coin before COVID-19, 139 price bubbles were detected after COVID-19. At this point we differ with the study of Güleç and Aktaş (2019). Additionally, this result have demonstrated that cryptocurrencies are an asset with high risks and are highly sensitive to speculative movements.…”

Section: Data and Econometric Analysiscontrasting

confidence: 57%

Testing the Price Bubbles in Cryptocurrencies using Sequential Augmented Dickey-Fuller (SADF) Test Procedures: A Comparison for Before and After COVID-19

Çelik

Ulu

2023

Sci. Ann. Econ. Bus.

View full text Add to dashboard Cite

Bubbles in asset prices have attracted the attention of economists for centuries. Extreme increases in asset prices, followed by their sudden decline, create a turbulent effect on the economy and even invite crises in time. For this reason, some measurement techniques have been employed to investigate the price bubbles that may occur. This study explores the possible speculative price bubbles of Bitcoin, Ethereum, and Binance Coin cryptocurrencies, compares them with the pre-and post-COVID-19 period, and examines asymmetric causality relationships between variables. Therefore, we analyzed the price bubbles of these cryptocurrencies using the closing price for daily data between 16.01.2018 and 31.12.2021 by the Supremum Augmented Dickey-Fuller (SADF) and the Hatemi-J (2012) asymmetric causality test. In this context, 1446 observations, 723 of which were before COVID-19 and 723 after COVID-19, were employed in the study. Looking at the SADF analysis results, we detected 103 price bubbles before COVID-19 for the three cryptocurrencies, while we determined 599 price bubbles after COVID-19. The common finding in the asymmetric causality test results is that there is a causality relationship between the negative shocks faced by one cryptocurrency and the positive shocks faced by the other cryptocurrencies.

show abstract

Section: Data and Econometric Analysiscontrasting

confidence: 57%

Testing the Price Bubbles in Cryptocurrencies using Sequential Augmented Dickey-Fuller (SADF) Test Procedures: A Comparison for Before and After COVID-19

Çelik

Ulu

2023

Sci. Ann. Econ. Bus.

View full text Add to dashboard Cite

show abstract

References

2022

Industry 4.0 and Global Businesses

View full text Add to dashboard Cite

Analysis of Bubbles Assets for Weighted Average Interest Rates Applied to Bank Loans

Tarkun,

Işığıçok

2024

Yönetim Ve Ekonomi Araştırmaları Dergisi

View full text Add to dashboard Cite

This study examines the existence of the "bubble effect" in the average interest rates of loans applied by banks to various types of loans for consumers. The purpose of this article is the research of the bubble formations in the average interest rates applied by the banks to consumer, housing (home), vehicle, and commercial loan types. This article examines the existence of bubbles in the average loan interest rates of banks in Turkey using the GSADF unit root test developed by Phillips et al. (2015). Bubble assets are analyzed with weekly data for the period June 2019–March 2023. Monte Carlo simulations performed obtained critical values for the GSADF unit root test. The results show that the bubble effect on housing loan interest rates is statistically significant at the 0.05 level. Against this, although the existence of a bubble effect in consumer, vehicle, and commercial loan interest rates has been determined, these bubbles are statistically insignificant.

show abstract

Kripto Para Piyasasında Spekülatif Fiyat Balonlarının Analizi

Cited by 5 publications

References 30 publications

Testing the Price Bubbles in Cryptocurrencies using Sequential Augmented Dickey-Fuller (SADF) Test Procedures: A Comparison for Before and After COVID-19

Testing the Price Bubbles in Cryptocurrencies using Sequential Augmented Dickey-Fuller (SADF) Test Procedures: A Comparison for Before and After COVID-19

References

Analysis of Bubbles Assets for Weighted Average Interest Rates Applied to Bank Loans

Contact Info

Product

Resources

About