The contitional effects of external debt on inflation
Yıl: 2009 Cilt: 9 Sayı: 17 Sayfa Aralığı: 203 - 217 Metin Dili: Türkçe İndeks Tarihi: 29-07-2022
The contitional effects of external debt on inflation
Öz: Enflasyonun etkenleri hakkındaki literatürün oldukça geniş olmasına rağmen devletin borç stokunun belirli bir unsuru olan dış borcun etken rolüne literatürde pek değinilmemiştir. Ayrıca fınansal piyasalardaki kalkınmanın dış borcun enflasyon üzerindeki etkisini ne derece etkilediği de araştırılması gereken bir konudur. Bu makale dengelenmemiş panel veri ve GMM metodu kullanarak iki hipotezi test etmektedir; Finansal piyasaları daha gelişmiş ülkelerde dış borç enflasyona daha az sebep olur; enflasyonun etkenlerinin işaretleri ve dereceleri ülkelere göre değişkendir. Bu makale bu hipotezleri güçlü bir şekilde desteklemektedir.
Anahtar Kelime: -
Öz: Although the literature on the determinants of inflation is voluminous, no particular attention has been paid to the role of external debt as a specific component of the government debt stock. Also the question of whether and how the effect of external debt on inflation varies with financial market development needs an empirical investigation. Using an unbalanced panel data and GMM estimation method, this paper aims to fill this gap by testing two main hypotheses: The first is that the external debt is less inflationary when financial markets are well developed. The second is that the effects of the determinants of inflation are heterogeneous across countries in extent and in sign. This paper presents robust empirical support for these hypotheses.
Anahtar Kelime: Belge Türü: Makale Makale Türü: Araştırma Makalesi Erişim Türü: Erişime Açık
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| APA | KARAKAPLAN M (2009). The contitional effects of external debt on inflation. , 203 - 217. |
| Chicago | KARAKAPLAN Mustafa Uğur The contitional effects of external debt on inflation. (2009): 203 - 217. |
| MLA | KARAKAPLAN Mustafa Uğur The contitional effects of external debt on inflation. , 2009, ss.203 - 217. |
| AMA | KARAKAPLAN M The contitional effects of external debt on inflation. . 2009; 203 - 217. |
| Vancouver | KARAKAPLAN M The contitional effects of external debt on inflation. . 2009; 203 - 217. |
| IEEE | KARAKAPLAN M "The contitional effects of external debt on inflation." , ss.203 - 217, 2009. |
| ISNAD | KARAKAPLAN, Mustafa Uğur. "The contitional effects of external debt on inflation". (2009), 203-217. |
| APA | KARAKAPLAN M (2009). The contitional effects of external debt on inflation. Selçuk Üniversitesi İktisadi ve İdari Bilimler Fakültesi Sosyal ve Ekonomik Araştırmalar Dergisi, 9(17), 203 - 217. |
| Chicago | KARAKAPLAN Mustafa Uğur The contitional effects of external debt on inflation. Selçuk Üniversitesi İktisadi ve İdari Bilimler Fakültesi Sosyal ve Ekonomik Araştırmalar Dergisi 9, no.17 (2009): 203 - 217. |
| MLA | KARAKAPLAN Mustafa Uğur The contitional effects of external debt on inflation. Selçuk Üniversitesi İktisadi ve İdari Bilimler Fakültesi Sosyal ve Ekonomik Araştırmalar Dergisi, vol.9, no.17, 2009, ss.203 - 217. |
| AMA | KARAKAPLAN M The contitional effects of external debt on inflation. Selçuk Üniversitesi İktisadi ve İdari Bilimler Fakültesi Sosyal ve Ekonomik Araştırmalar Dergisi. 2009; 9(17): 203 - 217. |
| Vancouver | KARAKAPLAN M The contitional effects of external debt on inflation. Selçuk Üniversitesi İktisadi ve İdari Bilimler Fakültesi Sosyal ve Ekonomik Araştırmalar Dergisi. 2009; 9(17): 203 - 217. |
| IEEE | KARAKAPLAN M "The contitional effects of external debt on inflation." Selçuk Üniversitesi İktisadi ve İdari Bilimler Fakültesi Sosyal ve Ekonomik Araştırmalar Dergisi, 9, ss.203 - 217, 2009. |
| ISNAD | KARAKAPLAN, Mustafa Uğur. "The contitional effects of external debt on inflation". Selçuk Üniversitesi İktisadi ve İdari Bilimler Fakültesi Sosyal ve Ekonomik Araştırmalar Dergisi 9/17 (2009), 203-217. |
