KAR PAYI ORANLARI İLE MEVDUAT FAİZ ORANLARI ARASINDAKİ NEDENSELLİK İLİŞKİSİ

Year 2016, Volume: 25 Issue: 1, 17 - 28, 30.04.2016

H.Ali Ata Mehmet Fatih Buğan Şemsettin Çiğdem

Abstract

Fon sahiplerinin fonlarını ödünç verme neticesinde elde edecekleri gelirin belirleyicisi, klasik bankacılık sisteminde mevduat faizi oranı iken katılım bankalarında kar payı oranı olmaktadır. Bu çalışmada, analiz dönemi olan 2004-2014 yılları arasında Türkiye‟de konvansiyonel bankaların uygulamış olduğu aylık ağırlıklı ortalama mevduat faiz oranları ile katılım bankalarının aylık ortalama kar payı oranları arasında nedensellik ilişkisinin varlığı ve yönü Hacker ve Hatemi (2006) Nedensellik Testi ile tespit edilmeye çalışılmıştır. Analiz sonucunda 1, 3 ve 6 ay vadeli mevduat faiz oranlarından kar payı oranlarına doğru tek yönlü, 12 ay vadeli oranlar arasında ise çift yönlü nedensellik ilişkisine rastlanmıştır. Ayrıca kayan pencerelerde nedensellik testi sonucunda her iki oranın bileşenleri arasında çift yönlü nedensellik ilişkisi tespit edilmiştir.

Keywords

Katılım Bankacılığı, Kar Payı Oranları, Çok Kırılmalı EĢbütünleĢme Testi, Kayan Pencerelerde Nedensellik Testi

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