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ASİMETRİK ENFORMASYON VE MARJİNAL MALİYET FİYATLAMA MODELİ ÇERÇEVESİNDE TÜRKİYE’DE KREDİ TAYINLAMASI VE FAİZ ORANLARININ TAHMİNİ

Estimating of Credit Rationing and Interest Rates In Turkey Within The Framework of Asymmetric Information and Marginal Cost Pricing

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Abstract (2. Language): 
In this study, relationship between interest rates and credit rationing examined for banks within the togetherness Asymmetric Information Theory and Marginal Cost Pricing Modelling. Error correction method has been used for estimating the long run relationship of credit and deposit interest rates. For the existence of long run relationship Johensen Co- Integration tests were employed. This study used monthly data for 1985.1 and 2002.1 period and the findings partially confirmed the theory.
Abstract (Original Language): 
Yapılan çalışmada bankaların, Asimetrik Enformasyon Teorisi ve Marjinal Maliyet Fiyatlama Modelinin birlikteliği içinde kredi tayınlaması ve faiz oranları arasındaki ilişki ele alınmıştır. Kredi faizleri ile diğer mevduat faizleri arasındaki uzun dönemli ilişkisinin tahmininde hata–düzeltme modeli kullanılmaktadır. Uzun dönem ilişkisinin varlığı için Johansen koentegrasyon testlerine başvurulmuştur. Türkiye ile ilgili 1985.1- 2002.1 dönemlerini kapsayan aylık veriler kullanılarak yapılan uygulamanın, teorik sonuçları kısmen doğruladığı ortaya çıkmıştır

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