Dönemler Arası Fayda Maksimizasyonu Çerçevesinde Tüketim Faiz İlişkisi: Ramsey-Kopmans-Keynes Modeli

Year 2018, Volume: 6 Issue: 3, 28 - 42, 01.01.2018

Bora Süslü Cem Mehmet Byadur

Abstract

Dışa açık küçük ekonomilerin en önemli özelliği, ulusal değişkenlerin uluslararası fiyat ve faiz oranlarından bağımsız belirlenememesidir.Bu durumda dışa açık küçük ekonomilerde harcamalardaki artış faiz oranlarında artışa neden olmakta, faiz oranlarındaki artış yabancı sermayeyi artırmakta, bu durum yerel paranın değer kaybetmesine neden olmaktadır. Bu çalışmanın da amacı, dışa açık küçük bir ekonomi olan Türkiye ekonomisi için, faiz ile tüketim arasındaki ilişkiyi Ramsey-Kopmans-Keynes modeli ile ortaya koymaktır. Çalışmada RamseyKopmans-Keynes modeli ile türetilen denklem regresyona koşulmuş, sonuç olarak kısa vadeli faiz ile yatırım arasında ilişkinin olmadığı, toplumsal tercih ve teknoloji veri iken birikim ve tüketim sürecinin faiz tarafından etkilenmeyeceği sonucuna ulaşılmıştır

Keywords

Ramsey-Kopmans-Keynes Modeli, Dönemlerarası Tüketim, Para Politikası

Consumption in Periods of Utility Maximization Between Sectors Interest Relationship: Ramsey-Kopmans-Keynes Model

Abstract

The most important feature of small open economies is the inability to determine national variables independent from international prices and interest rates. In this case, the increase in spendings in small open economies lead to an increase in interest rates and the increase in interest rates increases foreign capital, which leads to depreciation of the national currency. The objective of this study is to reveal the relationship between consumption and interest-Kopmans RamseyKeynes model for the economy of Turkey, which is a small open economy to external. In the study, the equation derived from the Ramsey-Kopmans-Keynes model is used to run regression, and the result is that the relationship between short-term interest and investment is absent. The accumulation process and consumption process are not affected by interest rates while social preference and technology data are given

Keywords

Ramsey-Kopmans-Keynes Model, Intertemporal Consumption, Monetary Policy

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