Year 2010,
Volume: 2 Issue: 1, 139 - 146, 01.06.2010
Abstract
This study employs pressure indices in order to foresee the possible crises. Using monthly data
obtained from the data distribution system of the Central Bank of Turkey between 1990-2009, the
prevailing financial pressure indices have been estimated. This study deals with the anticipation of
crises, especially in the field of banking, through an early warning system rather than pointing out
what are the indicators of financial crises. Therefore, this study aims at establishing assumptions
regarding financial crises using pressure indices for monthly data of Turkish economy between the
period of 1999.01-2009.12.
Keywords
References
- BERG, Andrew and Catherine PATTILLO (1999), “Predicting Currency Crises: The Indicators
- Approach And An Alternative,” Journal of International Money And Finance, 18(4), 561-586. DEMARMELS, Ricardo; Andreas M. FİSCHER (2003), “Understanding Reserve Volatility In
- Emerging Markets: A Look At The Long-Run”, Emerging Markets Review 4, 145–164. EICHENGREEN, Barry, A. ROSE ve C. WYPLOSZ (1996), “Contagious Speculative Attacaks”,
- NBER Working Paper, No: 5681.
- KAMINSKY, Graciela L. (2006), “Currency Crises: Are They All The Same?”, Journal of
- International Money and Finance, No 25, 503-527. KAMINSKY, Graciela L. ve Carmen M. REINHART; (1999), “The Twin Crises: The Causes of
- Banking and Balance-of-Payments Problems”, The American Economic Review, Vol: 89, No: 3. KAMINSKY, Graciela L., Saul LIZONDO and Carmen M. REINHART (1998), “Leading
- Indicators of Currency Crises”, International Monetary Fund Staff Papers. Vol 5, No 1. KIBRITÇIOĞLU, Aykut (2002), “Excessive Risk-Taking, Banking Sector Fragility and Banking
- Crises” College of Commerce and Business Administration, University of Illinois at Urbana- Champaign. Working Papers 02-0114.
- KIBRITÇIOĞLU, Aykut; Monitoring Banking Sector Fragility, The Arab Bank Review, Vol. 5, No.2, October 2003,
- SHEN, Chung-Hua, Chien-Fu Chen (2008), “Causality Between Banking and Currency
- Fragilities: A Dynamic Panel Model”, Global Finance Journal, 85-101. URAL, Mert, Nilgün Acar BALAYLAR (2007), “Bankacılık Sektöründe Yüksek Risk Alımı ve Baskı İndeksleri, Finans Politik & Ekonomik Yorumlar, Cilt 44, Sayı 509, 47-56.
Year 2010,
Volume: 2 Issue: 1, 139 - 146, 01.06.2010
Abstract
References
- BERG, Andrew and Catherine PATTILLO (1999), “Predicting Currency Crises: The Indicators
- Approach And An Alternative,” Journal of International Money And Finance, 18(4), 561-586. DEMARMELS, Ricardo; Andreas M. FİSCHER (2003), “Understanding Reserve Volatility In
- Emerging Markets: A Look At The Long-Run”, Emerging Markets Review 4, 145–164. EICHENGREEN, Barry, A. ROSE ve C. WYPLOSZ (1996), “Contagious Speculative Attacaks”,
- NBER Working Paper, No: 5681.
- KAMINSKY, Graciela L. (2006), “Currency Crises: Are They All The Same?”, Journal of
- International Money and Finance, No 25, 503-527. KAMINSKY, Graciela L. ve Carmen M. REINHART; (1999), “The Twin Crises: The Causes of
- Banking and Balance-of-Payments Problems”, The American Economic Review, Vol: 89, No: 3. KAMINSKY, Graciela L., Saul LIZONDO and Carmen M. REINHART (1998), “Leading
- Indicators of Currency Crises”, International Monetary Fund Staff Papers. Vol 5, No 1. KIBRITÇIOĞLU, Aykut (2002), “Excessive Risk-Taking, Banking Sector Fragility and Banking
- Crises” College of Commerce and Business Administration, University of Illinois at Urbana- Champaign. Working Papers 02-0114.
- KIBRITÇIOĞLU, Aykut; Monitoring Banking Sector Fragility, The Arab Bank Review, Vol. 5, No.2, October 2003,
- SHEN, Chung-Hua, Chien-Fu Chen (2008), “Causality Between Banking and Currency
- Fragilities: A Dynamic Panel Model”, Global Finance Journal, 85-101. URAL, Mert, Nilgün Acar BALAYLAR (2007), “Bankacılık Sektöründe Yüksek Risk Alımı ve Baskı İndeksleri, Finans Politik & Ekonomik Yorumlar, Cilt 44, Sayı 509, 47-56.
There are 12 citations in total.
Details
| Other ID | JA95YM93EN |
|---|---|
| Journal Section | Articles |
| Authors | |
| Publication Date | June 1, 2010 |
| Published in Issue | Year 2010 Volume: 2 Issue: 1 |