TY  - JOUR
TI  - US Economic Policy Uncertainty And Loan Growth: Evidence From Turkey
AB  - In this paper we aim to examine the transmission channel of US economic policy uncertainty onTurkish economy. We proxy economic uncertainty via the recent measure calculated by Baker etal. (2016), which calculates uncertainty through counting selected word frequencies in a numberof newspapers. Previous literature show that economic uncertainty has significant and negativeimpact on economic growth through investments and consumption. However, there are very fewstudies which check the transmission channel of uncertainty across economies. Hence, weinvestigate whether economic policy uncertainty (EPU) spills over to bank loan growth in Turkeyfor the periods between 1985 and 2018 using Hafner and Herwartz (2006) methodology. Usingmonthly data, we find that, indeed EPU has an impact on bank loans and therefore economicuncertainty mainly diffuses across countries through financial institutions.
AU  - ORDU AKKAYA, Beyza Mina
DO  - 10.15659/3.sektor-sosyal-ekonomi.19.07.1146
PY  - 2019
JO  - Üçüncü Sektör Sosyal Ekonomi
VL  - 54
IS  - 3
SN  - 2148-1237
SP  - 1049
EP  - 1063
DB  - TRDizin
UR  - http://search/yayin/detay/345172
ER  -