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PARA POLİTİKALARININ BANKA KREDİ KANALI ÜZERİNDEKİ ETKİLERİ

The Impact Of Monetary Polıcıes On Bank Lendıng Channel

Journal Name:

  • İstanbul Üniversitesi Siyasal Bilgiler Fakültesi Dergisi

Publication Year:

  • 2008

Key Words:

Keywords (Original Language):

Author NameUniversity of AuthorFaculty of Author
Abstract (2. Language): 
Tight monetary policies conducted in economy according to the theory of credit channel affect monetary transmission mechanism through their direct impact on banks. Depending upon this, we aimed to investigate whether bank lending channel was operative during 1998Q1-2001Q4 in Turkey. In view of the results obtained, we determined that monetary policies conducted during the above-mentioned period were of weak effect on bank lending. Another finding obtained from that period is that this impact varies according to liquidity positions of banks. We conclude that the bank lending channel was weakly operative in Turkey during this period.
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Abstract (Original Language): 
Kredi kanalı teorisine göre ekonomide uygulanan sıkı para politikaları, bankalar üzerindeki doğrudan etkileri vasıtasıyla para politikası aktarım sürecini etkilemektedir. Bu noktadan hareketle çalışmamızda 1998Q1-2001Q4 döneminde Türkiye’de banka kredi kanalının geçerli olup olmadığı araştırılmıştır. Elde edilen sonuçlara göre söz konusu dönemde uygulanan para politikalarının bankaların kredi arzı üzerine çok güçlü olmayan etkileri vardır. Bu dönem için elde edilen diğer bir bulgu ise bu etkinin bankaların likidite derecelerine göre farklılaştığıdır. Çalışmada 1998Q1-2001Q4 döneminde Türkiye’de banka kredi kanalının zayıf da olsa işlediği sonucuna ulaşılmıştır
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  • 39
109-132
  • Turkish

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