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Economic Uncertainty and Credit Crunch Evidence from the Turkish Banking System
Date
1998-09-12
Author
Danışoğlu, Seza
Güner, Zehra Nuray
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https://hdl.handle.net/11511/87800
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Danışoğlu, Seza; Güner, Zehra Nuray (null; 1999-01-10)
Economic uncertainty and credit crunch - Evidence from an emerging market
Rhoades, SD; Güner, Zehra Nuray (Informa UK Limited, 2003-07-01)
Using both univariate and multivariate analyses, this paper attempts to determine whether a credit crunch occurred in the Turkish economy during the 1990s. It also addresses the question of whether this credit crunch was a supply-side- or a demand-side-originated phenomenon. Economic uncertainty is proxied by unanticipated inflation. The analyses are carried out by controlling for political uncertainty as well. The results indicate that economic uncertainty has a significantly negative impact on the supply ...
Economic Uncertainty and Credit Crunch Evidence from the Turkish Banking System 2
Danışoğlu, Seza; Güner, Zehra Nuray (1999-04-10)
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This paper investigates the Turkish economy within a comparative historical framework. In light of a thorough discussion of Turkish economic crises in the post-1980 period, the paper explores Turkey's contemporary strengths and weaknesses in the global economic arena by comparing it with its peers and developed nations. The paper also highlights Turkey's extant economic vulnerabilities, especially its current account deficit, volatile international capital flows and ongoing banking sector problems. Along wi...
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S. Danışoğlu and Z. N. Güner, “Economic Uncertainty and Credit Crunch Evidence from the Turkish Banking System,” 1998, Accessed: 00, 2021. [Online]. Available: https://hdl.handle.net/11511/87800.