**Author details**

**Vector autoregression estimates**

*Financial Crises - A Selection of Readings*

*Sample: 7/02/2018–10/02/2018. Included observations: 67.*

**Table 9.**

**100**

*Standard errors in () & t-statistics in [].*

*VAR estimates result for political stress #8.*

**USD\_TRY TR USA MSCI\_EMERGING**

(0.14951) (0.30256) (0.00484) (0.38034) [7.44288] [0.97852] [1.97877] [0.66254]

(0.14567) (0.29479) (0.00472) (0.37057) [1.39776] [2.23891] [0.93908] [1.76088]

(0.06417) (0.12986) (0.00208) (0.16324) [2.02184] [8.09048] [0.09140] [1.43930]

(0.06676) (0.13511) (0.00216) (0.16984) [1.50463] [1.06192] [1.02261] [2.63932]

(4.55697) (9.22198) (0.14762) (11.5926) [0.83903] [0.46480] [5.44863] [0.82881]

(4.43729) (8.97979) (0.14375) (11.2881) [0.35189] [1.36425] [0.65090] [0.42387]

(0.05032) (0.10183) (0.00163) (0.12800) [1.49812] [0.63640] [0.32661] [4.79958]

(0.05144) (0.10409) (0.00167) (0.13085) [0.41721] [0.72225] [0.62550] [1.24262]

(4.73605) (9.58438) (0.15342) (12.0481) [0.50414] [1.87877] [1.26095] [3.62108]

USD\_TRY(1) 1.112781 0.296064 0.009584 0.251992

USD\_TRY(2) 0.203608 0.660003 0.004431 0.652522

TR(1) 0.129738 1.050609 0.000190 0.234949

TR(2) 0.100454 0.143475 0.002212 0.448261

USA(1) 3.823444 4.286335 0.804341 9.608025

USA(2) 1.561428 12.25069 0.093564 4.784711

MSCI\_EMERGING(1) 0.085443 0.064802 0.000532 0.614351

MSCI\_EMERGING(2) 0.021460 0.075181 0.001042 0.162597

C 2.387621 18.00681 0.193460 43.62729

R-squared 0.954022 0.986646 0.949950 0.831893 Adj. R-squared 0.947681 0.984804 0.943046 0.808706 Sum sq. resids 1.615137 6.614623 0.001695 10.45240 S.E. equation 0.166875 0.337706 0.005406 0.424516 F-statistic 150.4354 535.6535 137.6044 35.87724 Log likelihood 29.72776 17.50265 259.5212 32.83053 Akaike AIC 0.618739 0.791124 7.478245 1.248673 Schwarz SC 0.322587 1.087277 7.182093 1.544825 Mean dependent 5.668028 22.54157 2.338678 43.14940 SD dependent 0.729557 2.739510 0.022652 0.970606

Dogus Emin Social Sciences University of Ankara, Turkey

\*Address all correspondence to: dogus.emin@asbu.edu.tr

© 2019 The Author(s). Licensee IntechOpen. This chapter is distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/ by/3.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
