Escape from COVID-19 pandemic to safe haven
| dc.authorid | 0000-0002-6424-611X | |
| dc.contributor.author | Yıldırım, Hakan | |
| dc.contributor.author | Boyacı Yıldırım, Merve | |
| dc.contributor.author | Limoncuoğlu, Alihan | |
| dc.date.accessioned | 2021-12-22T09:35:43Z | |
| dc.date.available | 2021-12-22T09:35:43Z | |
| dc.date.issued | 2021 | |
| dc.department | İstanbul Medipol Üniversitesi, İnsan ve Toplum Bilimleri Fakültesi, Siyaset Bilimi ve Uluslararası İlişkiler Bölümü | |
| dc.description.abstract | Gold, which is accepted as a safe haven by households, is known as an investment tool that is preferred especially in times of crisis and uncertainty. Especially in recent days, the uncertainty caused by the COVID-19 pandemic and the visible increase in Turkey's 5-year CDS data has led investors in Turkey to grams of gold, which is considered a safe haven. In this context, this study aims to test the long-term relationship between daily case-related deaths and Turkey's 5-year CDS data with gram gold prices in Turkish lira during the COVID-19 pandemic. The long-term relationship between the variables was tested with the autoregressive distributed lag bound test (ARDL bound test) applied to the daily data for the period March 17, 2020-April 11, 2020. For the application of ARDL bound test, the stationarity of the variables was tested with unit root tests such as augmented Dickey-Fuller test (ADF) and Phillips-Perron (PP). According to the ARDL bound test findings, there is a statistically significant and positive relationship between the number of case-related deaths and the gram gold prices in Turkish lira in the long run. However, it has been found that Turkey's 5-year CDS data does not have a significant long-term relationship with gram gold prices in Turkish lira. | |
| dc.identifier.citation | Yıldırım, H., Boyacı Yıldırım, M. ve Limoncuoğlu, A. (2021). Escape from COVID-19 pandemic to safe haven. Journal of Public Affairs, 21(4). https://doi.org/10.1002/pa.2728 | |
| dc.identifier.doi | 10.1002/pa.2728 | |
| dc.identifier.issn | 1472-3891 | |
| dc.identifier.issn | 1479-1854 | |
| dc.identifier.issue | 4 | |
| dc.identifier.scopusquality | Q2 | |
| dc.identifier.uri | https://doi.org/10.1002/pa.2728 | |
| dc.identifier.uri | https://hdl.handle.net/20.500.12511/8711 | |
| dc.identifier.volume | 21 | |
| dc.identifier.wosquality | N/A | |
| dc.indekslendigikaynak | Web of Science | |
| dc.indekslendigikaynak | Scopus | |
| dc.indekslendigikaynak | PubMed | |
| dc.language.iso | en | |
| dc.publisher | Wiley | |
| dc.relation.ispartof | Journal of Public Affairs | en_US |
| dc.relation.publicationcategory | Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı | |
| dc.rights | info:eu-repo/semantics/openAccess | |
| dc.subject | ARDL Bound Test | |
| dc.subject | CDS Premiums | |
| dc.subject | COVID-19 | |
| dc.subject | Gold | |
| dc.title | Escape from COVID-19 pandemic to safe haven | |
| dc.type | Article |
