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The effect of the human development index on the stock exchanges of countries: a review on G-20 countries

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2024
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Abstract (EN)

In this study aims to examine the impact of the human development index of the G-20 countries on selected stock market indices. For this purpose, the human development index of the G-20 countries between 1994 and 2022 and the stock market indices with the highest trading volume of these countries were selected. Panel data analysis, which is the most appropriate method, was applied to the data set created with annual data obtained from Investing.com, Tradingview.com, UNDP and Finance.yahoo.com. As a result of the applied analysis, it was concluded that there was a significant relationship between human development indices and stock market indices and that changes in human development indices caused stock market indices. It is observed that as human development indices improve, individuals invest in stock market indices and stock market indices improve.

Author

Muhsin Köroğlu

How to Cite

Muhsin Köroğlu (Master Thesis). The effect of the human development index on the stock exchanges of countries: a review on G-20 countries, 2024, Malatya Turgut Özal University.

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