In Search of a Reasonable Credit Growth Rate for Turkey
This study presents a cross-country analysis of credit growth and draws implications for Turkey. Similar credit deepening phases in other countries suggest that an average of 15 percent annual credit growth would be reasonable and healthy in the medium-term.
|Date of creation:||2013|
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- �scar Jord� & Moritz Schularick & Alan M Taylor, 2011.
"Financial Crises, Credit Booms, and External Imbalances: 140 Years of Lessons,"
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Palgrave Macmillan, vol. 59(2), pages 340-378, June.
- Òscar Jordà & Moritz Schularick & Alan M. Taylor, 2010. "Financial Crises, Credit Booms, and External Imbalances: 140 Years of Lessons," NBER Working Papers 16567, National Bureau of Economic Research, Inc.
- A. Hakan Kara, 2012. "Monetary Policy in Turkey After the Global Crisis," Working Papers 1217, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
- Marco Terrones & Enrique G. Mendoza, 2008.
"An Anatomy of Credit Booms: Evidence From Macro Aggregates and Micro Data,"
IMF Working Papers
08/226, International Monetary Fund.
- Enrique G. Mendoza & Marco E. Terrones, 2008. "An anatomy of credit booms: evidence from macro aggregates and micro data," International Finance Discussion Papers 936, Board of Governors of the Federal Reserve System (U.S.).
- Enrique G. Mendoza & Marco E. Terrones, 2008. "An Anatomy Of Credit Booms: Evidence From Macro Aggregates And Micro Data," NBER Working Papers 14049, National Bureau of Economic Research, Inc.
- Erdem Başçı & Hakan Kara, 2011. "Finansal istikrar ve para politikası," Iktisat Isletme ve Finans, Bilgesel Yayincilik, vol. 26(302), pages 9-25.
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