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dc.contributorEkonomien
dc.contributor.advisorVolkan, Engin
dc.contributor.authorSaraç, Mustafa Gökhan
dc.date.accessioned2014-07-14T07:20:46Z
dc.date.available2014-07-14T07:20:46Z
dc.date.issued2013
dc.identifier.urihttp://hdl.handle.net/11411/39
dc.description39 pagesen
dc.description.abstractBu çalışmada vektör otoregresyon modeller kullanılarak para politikasının tüketici davranışları ve ekonomik değişkenler üzerine etkileri 2005-2009 dönemi için incelenmiştir. Bu çalışmanın farklı bir amacı da takibe düşmüş kredilerin ve takibe düşmüş kredi kartlarının para politikasına nasıl tepki verdiğinin araştırılmasıdır. Bu amaçla bankalar arası gecelik borçlanma oranı, kredi faizleri, kredi hacimleri, tüketim, enflasyon, takibe düşmüş krediler ve takibe düşmüş kredi kartları aylık bazda incelenmiştir. Çalışmanın sonuçlarına göre pozitif para politikası şokuna kredi faizleri ve enflasyon pozitif tepki verirken kredi hacimleri ve tüketim negatif tepki vermiştir. Takibe düşmüş kredilerin ve takibe düşmüş kredi kartlarının tepkisi ise sınırlı kalmıştır.en
dc.description.abstractIn this paper we develop vector autoregressive (var) models to analyze the effects of monetary policy on consumer response in Turkey for the period 2005-2009. This paper is an endeavor to determine affects on policy shock on nonperforming loans and non-performing credit card volumes in turkey. For this purpose we use monthly data on interbank overnight borrowing rate, loan rates, loans volumes, consumption, inflation, non-performing loans and nonperforming credit card volumes. The main results of var analysis reflect a positive response of loans rates and inflation and negative response of credit volumes and consumption. Our findings show that monetary policy shock have limited affects on non-performing loans and nonperforming credit card volumes.en
dc.description.tableofcontentsAbstract………………………………………………………………………………...…..i Acknowledgements………………………………………………………………………..ii Table of Contents…………………………………………………………………………iii List of Tables and Figures…………..………………………………………………..…iv 1. Introduction……………....……………………………………………….......…….......1 2. Macroeconomic and Banking Sector Developments in 2002-2009…………..............2 3. Monetary Policy Transmission Mechanism ………………..………………................7 3.1 Exchange Rate Channel………….....………………………………................8 3.2 Asset Price Channel………...……………………………………................….8 3.3 Credit Channel…………….…...………………………....................................9 3.4 Interest Rate Channel……....…………………………………......................10 4. Literature Review…………………………………………………………...................11 5. The Model…………………………………………………………………...................12 6. Data……………………………………………………………………….....................15 7. Results………………………………………………………………………….............17 7.1 Model 1……………………….…………….……………….................……17 7.2 Model 2……………………………...……………………….................……19 7.3 Model 3………………………………………………………….....................20 8. Conclusion…………………………………….………………….................…………23 9. Appendix……………………………………….…………………………...................25 10. References………………………………………...………………………..........…....37en
dc.language.isoenen
dc.publisherİstanbul Bilgi Üniversitesien
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 United States*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/us/*
dc.titleIs there credit channel in Turkeyen
dc.title.alternativeTürkiye’de kredi kanalı mevcut mu?en
dc.typeThesisen


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