TÜRKİYE’DE PARA POLİTİKALARININ KREDİ KANALI AKTARIMI: VAR YAKLAŞIMI

Year 2017, Volume: 2 Issue: 3, 185 - 208, 23.11.2017

Harun Kaya , Murat Belke

https://doi.org/10.29106/fesa.346346

Abstract

Bu
çalışma parasal aktarım mekanizması kanallarından banka kredileri kanalının
Türkiye ekonomisinde etkinliğini incelemektedir. Çalışmada, 2003:1-2016:12
dönemine ilişkin aylık veriler kullanılarak VAR modeli tahmin edilmektedir. VAR
modeline dayalı olarak uygulanan etki-tepki, varyans ayrıştırma ve Granger
nedensellik analizleri sonucu elde edilen bulgular incelenen dönem itibariyle
banka kredi kanalının zayıf da olsa etkin olduğunu göstermektedir.

Keywords

Para Politikası , Parasal Aktarım Mekanizması , Kredi Kanalı , VAR Modeli.

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