Consumption response to credit expansions: Evidence from experimental assignment of 45,307 credit lines

D Aydin - American Economic Review, 2022 - aeaweb.org
In a field experiment that constructs a randomized credit limit shock, participants borrow to
spend 11 cents on the dollar in the first quarter and 28 cents by the third year. Effects extend …

[HTML][HTML] Capital market and economic growth nexus: Evidence from Turkey

Y Coşkun, Ü Seven, HM Ertuğrul, T Ulussever - Central Bank Review, 2017 - Elsevier
This study explores the relations between the development level of capital market sub-
components, involving mutual/pension funds, corporate bond, stock and government bond …

[HTML][HTML] Machine learning approach to drivers of bank lending: evidence from an emerging economy

O Ozgur, ET Karagol, FC Ozbugday - Financial Innovation, 2021 - Springer
The study analyzes the performance of bank-specific characteristics, macroeconomic
indicators, and global factors to predict the bank lending in Turkey for the period 2002Q4 …

Bank ownership and lending dynamics: Evidence from Turkish banking sector

MS Çolak, A Şenol - International Review of Economics & Finance, 2021 - Elsevier
The principal aim of this paper is to examine whether the bank ownership structure leads to
differences in the lending dynamics of banks during the various phases of the business …

Macroeconomic effects of bank lending in an emerging economy: Evidence from Turkey

T Büyükbaşaran, G Karasoy-Can, H Küçük - Economic Modelling, 2022 - Elsevier
Credit policies have been increasingly used by many emerging economies to support
economic activity during downturns, more recently in response to the COVID-19 pandemic …

Coordinating monetary policy and macroprudential policy: Bureaucratic politics, regulatory intermediary, and bank lobbying

MK Coban - Public Administration, 2022 - Wiley Online Library
We tend to overlook the linkages between how policy coordination within bureaucracy is
achieved and the nontrivial implications of policy coordination for business power over the …

[HTML][HTML] Effectiveness of monetary and macroprudential shocks on consumer credit growth and volatility in Turkey

MG Chadwick - Central Bank Review, 2018 - Elsevier
This paper proposes a panel VAR model to uncover the effect of monetary policy and
macroprudential tightening probability on general purpose loans, housing loans, vehicle …

[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 …

Interest rate uncertainty as a policy tool

F Ghironi, GK Ozhan - 2020 - nber.org
We study a novel policy tool—interest rate uncertainty—that can be used to discourage
inefficient capital inflows and to adjust the composition of external accounts between short …

The political economy of central banking in Turkey: The macroprudential policy regime and self-undermining feedback

M Yağcı - South European Society and Politics, 2018 - Taylor & Francis
This article examines the political economy of central banking in Turkey in the aftermath of
the global financial crisis. The macroprudential turn led by the Turkish central bank not only …