Banka Kredileri Ve Enflasyon Arasindaki Iliski: Turkiye Uzerine Ekonometrik Bir Analiz (1983-2007)
AbstractIn this study, one of the most controversial debates of economics literature, namely the relationship between bank credits and inflation is studied in the context of Turkish economy. In the study, covering 1983-2007 period, total bank credits and inflation (PPI) are used. The relationships between bank credits and inflation rate are analyzed econometrically by employing Johansen cointegration analysis and error correction model. According to the results, bank credits is negatively effected by inflation, while inflation is positively effected by bank credits in the long run. Furthermore, error correction-augmented Granger causality tests show that bi-directional causality exists between bank credits and inflation.
Download InfoIf 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.
Bibliographic InfoArticle provided by Department of Econometrics, Faculty of Economics, Istanbul University in its journal Istanbul University Econometrics and Statistics e-Journal.
Volume (Year): 7 (2008)
Issue (Month): 1 (May)
Bank Credits; Inflation; Turkey Economy; Time Series; Unit Root; Cointegration; Weak Exogenity; Granger Causality; VEC Model;
Find related papers by JEL classification:
- C50 - Mathematical and Quantitative Methods - - Econometric Modeling - - - General
- E20 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
- E59 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Other
- E64 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Incomes Policy; Price Policy
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral 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: (Kutluk Kagan Sumer).
If references are entirely missing, you can add them using this form.