TY - JOUR T1 - PARA, AYRIŞTIRILMIŞ KREDİLER, KONUT FİYATLARI VE GSYH ARASINDAKİ NEDENSELLİK İLİŞKİSİ TT - THE CAUSALITY RELATIONSHIPS BETWEEN MONEY, DISAGGREGATED CREDITS, HOUSE PRICES, AND GDP AU - Kurt Cihangir, Çiğdem PY - 2020 DA - June DO - 10.11616/basbed.vi.662586 JF - Bolu Abant İzzet Baysal Üniversitesi Sosyal Bilimler Enstitüsü Dergisi JO - ASBİ PB - Bolu Abant İzzet Baysal Üniversitesi WT - DergiPark SN - 1303-0035 SP - 469 EP - 488 VL - 20 IS - 2 LA - tr AB - Bu çalışmada Türkiye’de 2005Ç4 – 2019Ç3 döneminde, para arzı, krediler, konut fiyatları, para politikası ve GSYH arasındaki dinamik ilişki Granger nedensellik testi ile araştırılmıştır. Krediler, literatürden farklı olarak, GSYH’yı etkileyen üretken krediler ve GSYH’yı etkilemeyen varlık kredileri olarak ayrıştırılmıştır. Analiz sonucunda varlık kredilerinin, üretken kredilerin Granger nedeni olduğu belirlenmiştir. Ayrıca, konut fiyatlarına ilişkin teminat etkisinin de ortaya çıktığı sonucuna ulaşılmıştır. 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