___

• Akay, Hülya Kanalıcı; Nargeleçekenler, Mehmet (2009), “Para Politikası Şokları Hisse Senedi Fiyatlarını Etkiler mi? Türkiye Örneği”, Marmara Üniversitesi İ.B.B.F. Dergisi, C. XXVII, S. II: 129-152.
• Alp, Harun; Elekdağ, Selim (2011), “The Role of Monetary Policy in Turkey during The Global Financial Crisis”, IMF Working Paper.
• Aşık, Bekir (2014), “Yapısal Şokların Türkiye Ekonomisi Üzerine Etkileri”, International Conference on Eurasian Economies, Temmuz 1-3, Makedonya.
• Atakan, Tülin; Gökbulut, İlker (2010), “Üç Faktörlü Varlık Fiyatlandırma Modelinin İstanbul Menkul Kıymetler Borsası’nda Uygulanabilirliğinin Panel Veri Analizi ile Test Edilmesi”, Mufad Dergisi, C. 45: 180-189.
• Bali, Turan G. (2008), “The Intertemporal Relation between Expected Returns and Risk”, Journal of Financial Economics, Vol. 97: 101-131.
• Barbalau, Adelina; Robotti, Cesare; Shanken, Jay (2015), “Testing Inequality Restrictions in Multifactor Asset-Pricing Models”, Working Paper.
• Bari, Bilgin (2013), “Yeni Keynesyen Modelde Optimum Para Politikası: Türkiye İçin Dinamik Stokastik Genel Denge Modeli Tahmini”, Yayınlanmamış Doktora Tezi, Eskişehir, Anadolu Üniversitesi Sosyal Bilimler Enstitüsü.
• Bernanke, Ben S.; Kuttner, Kenneth (2004), “What Explains The Stock Market’s Reaction to Federal Reserve Policy?”, NBER Working Paper Series, Series No: 10402.
• Black, Fischer.; Jensen, Micheal; Scholes, Myron S. (1972), The Capital Asset Pricing Model: Some Empirical Tests, New York: Praeger.
• Boons, Maio (2013), “State Variables, Macroeconomic Activity and The Cross-Section of Individual Stocks”, Netspar Discussion Paper No: 12.
• Brennan, Michael J.; Wang, Ashley; Xia, Yihong (2001), “Intertemporal Capital Asset Pricing and The Fama-French Three-Factor Model”, University of Pennsylvania Working Paper.
• Chang, Jow-ran; Errunza, R. Vihang; Hogan, Ked; Hung, Mao-Wei (2005), “An Intertemporal International Asset Pricing Model: Theory and Empirical Evidence”, European Financial Management, Vol. 11, No. 2: 173–194.
• Chen, Joseph (2003), “Intertemporal CAPM and The Cross-Section of Stock Returns”, Working Paper.
• Chen, Joseph (2002), “Intertemporal CAPM”, Working Paper.
• Cho, Sungjun (2013), “New Return Anomalies and New-Keynesian ICAPM”, International Review of Financial Analysis, Vol. 29: 87–106.Cooper, Ilan; Maio, Paulo (2016), “Equity Risk Factors and The Intertemporal CAPM”, BEROC Conference.
• Cooper, Ilan; Maio, Paulo (2016), “Equity Risk Factors and The Intertemporal CAPM”, SSRN Working Paper.
• Çebi, Cem (2012), “The Interaction between Monetary and Fiscal Policies in Turkey: An Estimated New Keynesian DSGE Model”, Economic Modelling, Vol. 29: 1258–1267.
• Davis, James L.; Fama, Eugene; French, Kenneth (2000), “Characteristics, Covariances, and Average Return 1929 to 1997”, Journal of Finance, Vol. 55, No. 1: 389-406.
• Dissanayake, Ruchith (2016), “Government Spending Shocks and Asset Prices”, SSRN Papers, Papers No: 2667871.
• Dissanayake, Ruchith; Watanabe, Akiko; Watanabe, Masahiro (2015), “Investment Shocks and Asset Prices: International Evidence”, Working Paper.
• Fama, Eugene F. (1970), “Efficient Capital Markets: A Review of Theory and Empirical Work”, Journal of Finance, Vol. 25, No. 2: 383-417.
• Fama, Eugene F.; French, Kenneth (1996), “Multifactor Explanations of Asset Pricing Anomalies”, Journal of Finance, Vol. 51, No. 1: 55-84.
• Fama, Eugene F.; French, Kenneth (1993), “Common Risk Factors in The Returns on Stocks and Bonds”, Journal of Financial Economics, Vol. 33: 3-56.
• Fama, Eugene F.; French, Kenneth (1992), “The Cross Section of Expected Stock Returns”, The Journal of Finance, Vol. XLVII, No. 2: 427-464.
• Fama, Eugene F.; Macbeth, James (1973), “Risk, Return, and Equilibrium: Empirical Tests”, Journal of Political Economy, Vol. 81, No. 3: 607-636.
• Farhadi, Rouhollah; Mousavi, S. Mohsen (2013), “Inter-Temporal Relationship between Risk and Return: Evidence from Tehran Securities Exchange (TSE)”, International Research Journal of Applied and Basic Sciences, Vol. 4, No. 6: 1366-1369.
• Ferson, Wayne E.; Harvey, Campbell (1999), “Conditioning Variables and Cross-Section of Stock Returns”, The Journal of Finance, Vol. LIV, No. 4: 1325-1360.
• Florackis, Chris; Kontonikas, Alexandros; Kostakis, Alexandros (2014), “Stock Market Liquidity and Macro-Liquidity Shocks: Evidence from The 2007–2009 Financial Crisis”, Journal of International Money and Finance, Vol. 44: 97–117.
• Galí, Jordi; Smets, Frank; Wouters, Rafael (2012), “Unemployment in an Estimated New Keynesian Model”, National Bank of Poland Working Paper, Paper No: 106.
• Gaudet, Gérard; Khadr, Ali (1991), “The Evolution of Natural Resource Prices under Stochastic Investment Opportunities: An Intertemporal Asset-Pricing Approach”, International Economic Review, Vol. 30, No. 2: 441-455.
• Gibbons, Michael; Ross, Stephen; Shanken, Jay (1989), “A Test of The Efficiency of A Given Portfolio”, Econometrica, Vol. 57: 1121-1152.
• Guo, Hui; Savickas, Robert (2003), “On The Cross Section of Conditionally Expected Stock Returns”, Working Paper Series, No: 2003-043A.Kazar, Altuğ (2012), Merkez Bankası ve Parasal Şokların Etkileri, Adana: Nobel Kitap Evi.
• Li, Zheng; Li, Haito; Yu, Cindy (2013), “Macroeconomic Risks and Asset Pricing: Evidence from A Dynamic Stochastic General Equilibrium Model”, Working Paper.
• Maio, Paulo (2013), “Intertemporal CAPM with Conditioning Variables”, Management Science, Vol. 59, No. 1: 22–141.
• Maio, Paulo; Santa-Clara, Pedro (2012), “Multifactor Models and Their Consistency with The ICAPM”, Journal of Financial Economics, Vol. 106: 586–613.Malkhozov, Aytek; Tamoni, Andrea (2015), “News Shocks and Asset Prices”, SRC Discussion Paper No: 34.
• Merola, Rossana (2014), “The Role of Financial Frictions during The Crises: An Estimated DSGE Model”, Dynare Working Papers Series, Series No: 33.Merton, Robert C. (1973), “An Intertemporal Capital Asset Pricing Model”, Econometrica, Vol. 41,No. 5: 867-887.
• Öğünç, Fethi; Sarıkaya, Çağrı (2011), “Görünmez Ama Hissedilmez Değil: Türkiye’de Çıktı Açığı”, Central Bank Review, Vol. 11: 15-28.
• Öztürkatalay, M. Volkan (2005), Hisse Senedi Piyasalarında Görülen Kesitsel Anomaliler ve İMKB’ye Yönelik Bir Araştırma, İstanbul: İstanbul Menkul Kıymetler Borsası.
• Paetz, Michael; Gupta, Rangan (2014), “Stock Price Dynamics and The Business Cycle in An Estimated DSGE Model for South Africa”, WiSo-HH Working Paper Series, Series No: 18.
• Perez-Quiros, Gabriel; Timmermann, Allan (2000), “Firm Size and Cyclical Variations in Stock Returns”, The Journal of Finance, Vol. LV, No. 3: 1229-1262.
• Ross, Stephen A. (1976), “The Arbitrage Teory Capital Asset Pricing”, Journal of Economic Theory, Vol. 13: 341-360.
• Shanken, Jay (1990), “Intertemporal Asset Pricing An Empirical Investigation”, Journal of Econometrics, Vol. 45: 99-120.
• Smets, Frank; Wouters, Rafael (2007), “Shocks and Frictions in US Business Cycles A Bayesian DSGE Approach”, Working Paper Series, Series No: 722.
• Tatoğlu, F. Y. (2012), İleri Panel Veri Analizi Stata Uygulamalı, İstanbul: Beta Basım A.Ş.
• Yüksel, Canan (2013), “Role of Investment Shocks in Explaining Business Cycles in Turkey”, Central Bank of the Republic of Turkey Working Paper, Working Paper No: 13/12.
• http://www.tcmb.gov.tr
• http://www.tüik.gov.tr