Advanced Search
MyIDEAS: Login to save this article or follow this journal

Bank Regulation in Dollarized Economies: The Case of Turkey

Contents:

Author Info

  • Erick W. Rengifo

    ()
    (Center for International Policy Studies, Economics Department, Fordham University, 441 E. Fordham Rd., Bronx, NY 10458, USA)

  • Emre Ozsoz

    ()
    (Social Studies Department, School of Liberal Arts, SUNY-FIT, 227 W 27th Street, NY 10001, USA)

  • Mustapha A. Akinkunmi

    ()
    (Brickfield Road Associates, 8 Onikoyi Street, Parkview Estate, Ikoyi, Lagos 101233 , Nigeria)

  • Eduardo Court

    ()
    (Centrum Cat´olica, Daniel Aloma Robles 125, Los Alamos de Monterrico Surco, Lima 33, Peru)

Abstract

Regulators in emerging markets are increasingly curtailing the practice of foreigncurrency lending. In such a move Turkish regulatory authorities banned foreign currencylending to households in 2009. This paper examines the evolution of financial dollarization inTurkey in the 2002–2009 period by looking the currency composition of loans and deposits inthe banking system and the macroeconomic developments. We find that the Turkish bankingsystem was unhedged against currency fluctuations and the regulators acted preemptively inbanning the practice.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.mdpi.com/2227-7072/1/4/137/pdf
Download Restriction: no

File URL: http://www.mdpi.com/2227-7072/1/4/137/
Download Restriction: no

Bibliographic Info

Article provided by MDPI, Open Access Journal in its journal International Journal of Financial Studies.

Volume (Year): 1 (2013)
Issue (Month): 4 (November)
Pages: 137-153

as in new window
Handle: RePEc:gam:jijfss:v:1:y:2013:i:4:p:137-153:d:30412

Contact details of provider:
Web page: http://www.mdpi.com/

Related research

Keywords: dollarization; banking regulation; Turkish banking system;

Find related papers by JEL classification:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Basso, Henrique S. & Calvo-Gonzalez, Oscar & Jurgilas, Marius, 2011. "Financial dollarization: The role of foreign-owned banks and interest rates," Journal of Banking & Finance, Elsevier, Elsevier, vol. 35(4), pages 794-806, April.
  2. Neanidis, Kyriakos C. & Savva, Christos S., 2009. "Financial dollarization: Short-run determinants in transition economies," Journal of Banking & Finance, Elsevier, Elsevier, vol. 33(10), pages 1860-1873, October.
  3. Emre Ozsoz, 2009. "Evaluating the Effects of Deposit Dollarization in Financial Intermediation in Transition Economies," Eastern European Economics, M.E. Sharpe, Inc., M.E. Sharpe, Inc., vol. 47(4), pages 5-24, July.
  4. Nicolo, Gianni De & Honohan, Patrick & Ize, Alain, 2005. "Dollarization of bank deposits: Causes and consequences," Journal of Banking & Finance, Elsevier, Elsevier, vol. 29(7), pages 1697-1727, July.
  5. Guillermo A. Calvo, 2002. "On dollarization," The Economics of Transition, The European Bank for Reconstruction and Development, The European Bank for Reconstruction and Development, vol. 10(2), pages 393-403, July.
  6. Luca, Alina & Petrova, Iva, 2008. "What drives credit dollarization in transition economies?," Journal of Banking & Finance, Elsevier, Elsevier, vol. 32(5), pages 858-869, May.
  7. Ize, Alain & Yeyati, Eduardo Levy, 2003. "Financial dollarization," Journal of International Economics, Elsevier, Elsevier, vol. 59(2), pages 323-347, March.
  8. Kutan, Ali M. & Ozsoz, Emre & Rengifo, Erick W., 2012. "Cross-sectional determinants of bank performance under deposit dollarization in emerging markets," Emerging Markets Review, Elsevier, Elsevier, vol. 13(4), pages 478-492.
  9. Honig, Adam, 2009. "Dollarization, exchange rate regimes and government quality," Journal of International Money and Finance, Elsevier, Elsevier, vol. 28(2), pages 198-214, March.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:gam:jijfss:v:1:y:2013:i:4:p:137-153:d:30412. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (XML Conversion Team).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.