@article{2018,title={EXAMINING THE TEMPORAL CORRELATION BETWEEN STOCK MARKET AND REAL ECONOMY IN TURKEY},abstractNode={In this research it was investigated if there was a difference on a time-based correlation between stock market and real economy. Specifically, a 26-year period from February 1991 to July 2017 was analyzed on a monthly basis. In order to obtain reliable and long-term data BIST-100 index was determined on the grounds of representing stock market while industrial production index was chosen as a data set considering that it properly represents real economy. The data related to BIST-100 index were collected from The Central Bank of the Republic of Turkey database, while the data connected to industrial production index were gathered from Turkish Statistical Institute. To investigate the temporal correlation between the two markets, DCC-GARCH model was utilized and necessary tests about the model were implemented and reported. The result of the analysis indicated that there was a dynamic conditional correlation between capital markets and real sector within the aforementioned period, and the effects of the markets on each other changed over time.},author={Caner DİLBER},year={2018},journal={The Journal of Academic Social Science}}