FİNANSAL PARÇALANMANIN BANKA KREDİ KANALI ÜZERİNDEKİ ETKİSİ: EURO BÖLGESİ ÖRNEĞİ

Abstract

Finansal ve reel sektörü birbirine bağlayan banka kredi kanalı önemli parasal aktarım mekanizmalarından biridir. Bankacılık ağırlıklı finansman sistemi olan Euro bölgesinde finansal kriz sürecinde ilk kez ortaya çıkan finansal parçalanma, banka kredi kanalının işleyişini olumsuz etkileyerek reel ekonominin iyileşmesini engellemiştir. Bu çalışmada, Euro bölgesindeki finansal parçalanmanın banka kredi kanalının işleyişini nasıl bozduğu açıklanmış ve bunun onarılması için alınan geleneksel olmayan para politikası önlemlerinin neler olduğu analiz edilmiştir.

Keywords

• Banka Kredi Kanalı, Finansal Parçalanma, Euro Bölgesi

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