Tokel, Omer Emre and Yucel, Eray M. (2009): Does Internet access to official data display any regularity: case of the Electronic Data Delivery System of the Central Bank of Turkey.
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1990s were the years of enormous growth of information exchange. Rapid development, augmented coverage and wide accessibility of Internet have been the key factors of that amazing growth. People’s access to economic and financial data was one of the major areas in which new trends and patterns of usage were observed. Owing to the elevated importance of financial information in today’s sophisticated markets, it is hypothesized that the linkage between data access patterns and economic events should display some regularity. In addition, one should be able to explain part of the irregularities. This study examines the access statistics of the Central Bank of Turkey’s Electronic Data Delivery System on these grounds. Using OLS and EGARCH models, significant evidence was obtained for the existence of regularities (i.e. calendar effects) in the data.
|Item Type:||MPRA Paper|
|Original Title:||Does Internet access to official data display any regularity: case of the Electronic Data Delivery System of the Central Bank of Turkey|
|English Title:||Does Internet access to official data display any regularity: case of the Electronic Data Delivery System of the Central Bank of Turkey|
|Keywords:||Data access; Macroeconomic data; Return to information; Economics of information|
|Subjects:||C - Mathematical and Quantitative Methods > C5 - Econometric Modeling > C50 - General
G - Financial Economics > G1 - General Financial Markets > G10 - General
|Depositing User:||Mustafa Eray Yucel|
|Date Deposited:||15. Jun 2009 05:39|
|Last Modified:||19. Feb 2013 08:33|
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