Turkey's experience with macroprudential policy

H Kara - BIS Paper, 2016 - papers.ssrn.com
The global financial crisis have led to a reassessment of macroeconomic policy formulation
across the globe. As a consequence, countries have expanded their policy toolkits with …

[HTML][HTML] Credit decomposition and economic activity in Turkey: A wavelet-based approach

O Çepni, YS Hacıhasanoğlu, MH Yılmaz - Central Bank Review, 2020 - Elsevier
This paper aims to investigate the co-movement between the credit growth and gross
domestic product (GDP) growth in Turkey over the period January 2004–October 2019. By …

Reserve option mechanism as a stabilizing policy tool: Evidence from exchange rate expectations

A Değerli, S Fendoğlu - International Review of Economics & Finance, 2015 - Elsevier
During the recent era, many emerging market economies have implemented unconventional
policy measures to mitigate the effect of large swings in short-term capital flows on domestic …

[PDF][PDF] 1980 Sonrası Borçlanma Politikaları

T Derdiyok - Maliye Dergisi, 2001 - ms.hmb.gov.tr
Girilen her ekonomik kriz sonrasında, İMF yönlendirmeleri ile adına “istikrar tedbirleri”
denilen pek çok ekonomik paket programlar yürürlüğe konulmuştur. Ancak, arzulanan siyasi …

The asymmetric effects of monetary policy on economic activity in Turkey

M Kilinc, C Tunc - Structural Change and Economic Dynamics, 2019 - Elsevier
In this paper, we examine the asymmetric effects of monetary policy shocks on economic
activity in Turkey. We use quarterly data for the gross domestic product (GDP) and industrial …

From tech hub to banking failure: exploring the implications of CBDCs on the destiny of Silicon Valley Bank

H Ali, AF Aysan, T Yousef - Available at SSRN 4411360, 2023 - papers.ssrn.com
The potential implications of central bank digital currencies (CBDCs) on Silicon Valley Bank
(SVB) are vast, particularly when it comes to oversight of the bank. This paper aims to …

Impact of reserve option mechanism on exchange rate volatility during the FED's tapering period

E Demirbas, N Can - Journal of Central Banking Theory and Practice, 2022 - sciendo.com
This study investigates the effectiveness of ROM. We conducted the GARCH (1, 1) Model to
determine whether ROM contributed to decreasing the volatility of USD/TL exchange rate for …

Financial crisis, macroprudential policies and depositor discipline

AF Aysan, M Disli, H Ozturk - The Singapore Economic Review, 2017 - World Scientific
This paper examines to what extent macroprudential policies in the Turkish banking sector
affected the functioning of depositor discipline. Our results suggest that depositors' …

The effect of credit supply on house prices: Evidence from Turkey

C Tunc - Housing Policy Debate, 2020 - Taylor & Francis
This article examines the effect of exogeneous credit supply shocks on house prices in an
emerging economy, Turkey, using bank deposits, the number of branches, and financial …

How can a seemingly weak state in the financial services industry act strong? The role of organizational policy capacity in monetary and macroprudential policy

C Bakır, MK Çoban - New Perspectives on Turkey, 2019 - cambridge.org
It is widely held in the public policy and political economy literatures that the Turkish state is
weak and cannot adopt a proactive approach in the financial services industry by steering …