The Bank Lending Channel In Turkey: Effect of Capital Adequacy Ratio
Yıl: 2007 Cilt: 1 Sayı: 1 Sayfa Aralığı: 61 - 74 Metin Dili: Türkçe İndeks Tarihi: 29-07-2022
The Bank Lending Channel In Turkey: Effect of Capital Adequacy Ratio
Öz: Bu çalışma, ampirik olarak para politikası değişikliklerinin Türk bankalarının kredi arzı üzerindeki etkisini incelemekte ve parasal aktarım mekanizmasının kredi kanalının Türk bankalarının sermaye yeterliliklerinden etkilendiğini göstermektedir. Sermaye kısıtlaması için Sermaye Yeterlilik Rasyosu (SYR) kullanıldığında, sermaye kısıtlaması olmayan bankalar para politikasına daha fazla tepki vermektedirler. Farklı SYR seviyeleri olan bankaların tepkileri de farklıdır. Literatürdeki kredi kanalı hakkındaki karışık sonuçlar, SYR göz önünde bulundurularak açıklanabilir.
Anahtar Kelime: Konular:
Türkiye'de Banka Kredi Kanalı: Sermaye Yeterlilik Rasyosunun Etkisi
Öz: This paper empirically analyzes the effect of monetary policy changes on loan supply of Turkish banks and presents the evidence that bank lending channel of monetary policy transmission mechanism is operating through the capital adequacy of Turkish banks. By using the CAR as an indicator of capital constraint we show that banks that do not have capital constraints respond more to monetary policy. Also, banks with different CAR react differently to monetary policy changes. We show that the asymmetric effect of CAR may help to explain the mixed results in the empirical literature about the bank lending channel.
Anahtar Kelime: Konular:
Belge Türü: Makale Makale Türü: Araştırma Makalesi Erişim Türü: Erişime Açık
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APA | AKTAŞ C, TAŞ B (2007). The Bank Lending Channel In Turkey: Effect of Capital Adequacy Ratio. , 61 - 74. |
Chicago | AKTAŞ Cihan,TAŞ Bedri Kamil Onur The Bank Lending Channel In Turkey: Effect of Capital Adequacy Ratio. (2007): 61 - 74. |
MLA | AKTAŞ Cihan,TAŞ Bedri Kamil Onur The Bank Lending Channel In Turkey: Effect of Capital Adequacy Ratio. , 2007, ss.61 - 74. |
AMA | AKTAŞ C,TAŞ B The Bank Lending Channel In Turkey: Effect of Capital Adequacy Ratio. . 2007; 61 - 74. |
Vancouver | AKTAŞ C,TAŞ B The Bank Lending Channel In Turkey: Effect of Capital Adequacy Ratio. . 2007; 61 - 74. |
IEEE | AKTAŞ C,TAŞ B "The Bank Lending Channel In Turkey: Effect of Capital Adequacy Ratio." , ss.61 - 74, 2007. |
ISNAD | AKTAŞ, Cihan - TAŞ, Bedri Kamil Onur. "The Bank Lending Channel In Turkey: Effect of Capital Adequacy Ratio". (2007), 61-74. |
APA | AKTAŞ C, TAŞ B (2007). The Bank Lending Channel In Turkey: Effect of Capital Adequacy Ratio. BDDK Bankacılık ve Finansal Piyasalar Dergisi, 1(1), 61 - 74. |
Chicago | AKTAŞ Cihan,TAŞ Bedri Kamil Onur The Bank Lending Channel In Turkey: Effect of Capital Adequacy Ratio. BDDK Bankacılık ve Finansal Piyasalar Dergisi 1, no.1 (2007): 61 - 74. |
MLA | AKTAŞ Cihan,TAŞ Bedri Kamil Onur The Bank Lending Channel In Turkey: Effect of Capital Adequacy Ratio. BDDK Bankacılık ve Finansal Piyasalar Dergisi, vol.1, no.1, 2007, ss.61 - 74. |
AMA | AKTAŞ C,TAŞ B The Bank Lending Channel In Turkey: Effect of Capital Adequacy Ratio. BDDK Bankacılık ve Finansal Piyasalar Dergisi. 2007; 1(1): 61 - 74. |
Vancouver | AKTAŞ C,TAŞ B The Bank Lending Channel In Turkey: Effect of Capital Adequacy Ratio. BDDK Bankacılık ve Finansal Piyasalar Dergisi. 2007; 1(1): 61 - 74. |
IEEE | AKTAŞ C,TAŞ B "The Bank Lending Channel In Turkey: Effect of Capital Adequacy Ratio." BDDK Bankacılık ve Finansal Piyasalar Dergisi, 1, ss.61 - 74, 2007. |
ISNAD | AKTAŞ, Cihan - TAŞ, Bedri Kamil Onur. "The Bank Lending Channel In Turkey: Effect of Capital Adequacy Ratio". BDDK Bankacılık ve Finansal Piyasalar Dergisi 1/1 (2007), 61-74. |