THE RELATIONSHIP BETWEEN INTEREST RATES OF THE CREDIT TYPE IN ACCORDING TO BANKING MARKET AND INFLATION AND EXCHANGE RATE

Year 2021, , 21 - 42, 31.03.2021

Asef Yelghi , Merve Gürsoy , Aref Yelghi

https://doi.org/10.46959/jeess.774106

Cited By: 2

Abstract

In Turkey, inflation, exchange rate and interest rates are examining the interaction and investigation, has become more important with the increasing impact of volatility in the global financial system in recent years. In this study, the relationship between interest rates and the inflation and exchange rates according to the types of banking sector loans examined. In this work surveyed in interest rates, exchange rates and inflation rates by loan types, which was taken as monthly data set between 2007 and 2019 and Autoregressive Distributed Lag (ARDL) Border Test developed by Pesaran and Shin (1999), and applied by Pesaran and Shin (2001). According to the ARDL test results in Turkey, there was no relationship between the exchange rates and the interest rates of loan types. While there is a relationship between inflation and interest rates of loan types.

Keywords

Exchange Rate, Interest Rate, Inflation Rate, Autoregressive Distributed Lag Limit Test

BANKACILIK PİYASASINDA KREDİ TÜRÜNE GÖRE BELİRLENEN FAİZ ORANLARININ ENFLASYON VE DÖVİZ KURU İLİŞKİSİ

Abstract

Türkiye’de enflasyon, döviz kuru ve faiz oranları etkileşiminin incelenmesi ve araştırılması küresel ekonomik sistemde son yıllarda artan volatilitenin etkisiyle daha da önemli hale gelmiştir. Bu çalışmada bankacılık sektörü kredilerinin türlerine göre faiz oranlarının enflasyon ve döviz kuru arasındaki ilişkileri incelenmiştir. Araştırmada kredi türlerine göre faiz oranları, döviz kurları ve enflasyon oranlarının 2007- 2019 yıllar arası aylık verileri alınmış olup Pesaran ve Shin (1999), Pesaran ve Shin (2001) tarafından geliştirilen Autoregressive Distributed Lag (ARDL) Sınır Testi uygulanmıştır. ARDL test sonuçlarına göre, Türkiye’de enflasyon ile belirlenen kredi türlerinin faiz oranları arasında ilişki bulunurken; döviz kurları ile belirlenen kredi türlerinin faiz oranları arasında herhangi bir ilişki bulunmamıştır.

Keywords

Döviz Kuru, Faiz Oranı, Enflasyon Oranı, Autoregressive Distributed Lag Sınır Testi

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