Credit policy and balances of payments: The case in Turkey

Download
017641.pdf
1991
Yılmaz, Mehmet
Show full item record
110
views
0
downloads
https://hdl.handle.net/11511/9155
Graduate School of Social Sciences, Thesis

Suggestions

Credit Risk and Loan profile of Turkey
Özdemir, Özlem (2008-09-11)
Credit Risk Market and the Recent Loan Profile in the Turkish Banking Sector
Özdemir, Özlem (2009-05-01)
Very little research has been done on the financial stability implications of credit risk transfer markets. In particular there is a paucity of work considering the interactions between the various credit risk transfer markets or instruments. Regarding credit derivatives, the small number of existing studies can be explained by a lack of quantitative data and by the brief history of the market" (Kiff et al., 2002, page 2). This paper tries to explain the development of credit risk transfer instruments and h...
Credit rating changes and the government cost of borrowing in Turkey
Gürer, Murat; Derin Güre, Pınar (Orta Doğu Teknik Üniversitesi (Ankara, Turkey), 2016-8)
Standard and Poor’s (S&P), Moody’s and Fitch have been producing credit ratings for government bonds and corporate bonds. Changes in credit ratings affect the investors’ decisions and government cost of borrowing as well. 2008 global financial crisis is an important milestone for the credit rating agencies since during the crisis period high rated countries faced with deep economic fluctuations, which decreased creditworthiness of these agencies. This paper investigates the relationship between soverei...
Credit risk modeling with stochastic volatility, jumps and stochastic interest rates
Yüksel, Ayhan; Akyıldız, Ersan; Department of Financial Mathematics (2007)
This thesis presents the modeling of credit risk by using structural approach. Three fundamental questions of credit risk literature are analyzed throughout the research: modeling single firm credit risk, modeling portfolio credit risk and credit risk pricing. First we analyze these questions under the assumptions that firm value follows a geometric Brownian motion and the interest rates are constant. We discuss the weaknesses of the geometric brownian motion assumption in explaining empirical properties of...
Citation Formats
M. Yılmaz, “Credit policy and balances of payments: The case in Turkey,” Middle East Technical University, 1991.
METU IIS - Integrated Information Service open@metu.edu.tr