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: para politikası sermaye yeterliliği bankacılık

Konular: İşletme İktisat

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: banking monetary policy capital adequacy

Konular: İşletme İktisat
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.