BİREYSEL EMEKLİLİK SİSTEMİNİN FİNANSAL DERİNLEŞMEYE ETKİSİNİN EKONOMETRİK ANALİZİ

Yıl 2017, Cilt: 7 Sayı: 2, 237 - 256, 30.12.2017

Ferid Önder , Tahsin Karabulut

Öz

Bir finansal sistemin başarısı, fon fazlası olan ekonomik
birimlerle fon açığı olan ekonomik birimler arasındaki aracılık etme görevini
ne kadar etkin bir şekilde yerine getirebildiğine bağlıdır. Bu nedenle finans
sistemlerinin fon değişimine olanak tanıyacak araç çeşitliliğine sahip olması
oldukça önemlidir. Son yıllarda teşvik edilen Bireysel Emeklilik Sistemi de,
yurtiçi tasarrufların artırılmasına zemin hazırlayarak, finansal sistemin
gelişimine destek sunmaktadır.

Bu çalışma, Türkiye ekonomisinde Bireysel Emeklilik Sistemi
aracılığıyla yatırıma yönlendirilen fonların, finansal derinleşmeye katkısını
ortaya koymayı amaçlamaktadır. Farklı modeller aracılığıyla tahmin edilen
ekonometrik bulgular, Bireysel Emeklilik Sisteminde yatırıma yönlendirilen
fonların finansal derinleşmeye pozitif katkı sağladığını ortaya koymaktadır.

Anahtar Kelimeler:
Bireysel Emeklilik Sistemi, Eşbütünleşme, Finansal Derinleşme, Türkiye
Ekonomisi

Anahtar Kelimeler

bireysel emeklilik sistemi, eşbütünleşme, finansal derinleşme, türkiye ekonomisi

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