Finansal Entegraksyon Ve Sermaye Akışkanlığı Türkiye Örneği

Kara, Mehmet; Kar, Muhsin

doi:10.3848/iif.2001.180.7464

Cited by 2 publications

(2 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Payne and Kumazawa (2006), Kalyoncu (2007), Fouquau et al (2008), Johnson and Lamdin (2014), Holmes and Otero (2014)) or from a time series perspective (e.g. Kar and Kara (2001), Bolatoğlu (2005), Kejriwal (2008) and Dursun and Abasiz (2014)).…”

Section: Introductionmentioning

confidence: 99%

“…Among the studies utilizing time series methods, while Kar and Kara (2001) and Bolatoğlu (2005) employ standard cointegration tests and the ARDL bounds testing approach to cointegration without accounting for the existence of potential structural breaks, Dursun and Abasiz (2014) use single and multiple break cointegration tests with endogenously determined dummy variables, which suggest sharp and sudden changes in the saving-investment nexus.…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Puzzling out the Feldstein–Horioka paradox for Turkey by a time-varying parameter approach

Yıldırım¹,

Koska²

2018

The Dynamics of Growth in Emerging Economies

View full text Add to dashboard Cite

This study would like to contribute to the existing literature on the Feldstein-Horioka paradox by focusing on Turkey for the period 1960-2014 and by scrutinizing the correlation between domestic savings and investments within a time-varying parameter approach (which is warranted especially for emerging countries due to their political and economic instability and due to the frequency of policy changes). Our time-varying parameter approach is able to capture the impact of various economic and political interruptions on the correlation between domestic savings and investments, especially the military coups in the early 1960s, 1970s and 1980s, and the economic and financial crises in the mid-1990s, in the late 1990s, and in the early 2000s, as well as the financial crises affecting various countries in the globe in the late 1990s and 2000s. Our empirical analysis suggests a high correlation between domestic savings and investments in the 1960s, which was decreasing (increasing) during the 1970s (1980s), and which was decreasing since the 1990s. Furthermore, in the post-2002 era, with a further decline in the correlation coefficient, the saving-investment nexus has turned out to be statistically insignificant.

show abstract

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Puzzling out the Feldstein–Horioka paradox for Turkey by a time-varying parameter approach

Yıldırım¹,

Koska²

2018

The Dynamics of Growth in Emerging Economies

View full text Add to dashboard Cite

show abstract

Türkiye'de kısa vadeli sermaye hareketlerinin başlıca iktisadi değişkenler üzerine etkisi (Effect of Short Term Capital Movements on Main Economic Variables in Turkey)

Esen

2008

SSRN Journal

View full text Add to dashboard Cite

Finansal Entegraksyon Ve Sermaye Akışkanlığı Türkiye Örneği

Cited by 2 publications

References 0 publications

Puzzling out the Feldstein–Horioka paradox for Turkey by a time-varying parameter approach

Puzzling out the Feldstein–Horioka paradox for Turkey by a time-varying parameter approach

Türkiye'de kısa vadeli sermaye hareketlerinin başlıca iktisadi değişkenler üzerine etkisi (Effect of Short Term Capital Movements on Main Economic Variables in Turkey)

Contact Info

Product

Resources

About

Finansal Entegraksyon Ve Sermaye Akışkanlığı Türkiye Örneği

Cited by 2 publications

References 0 publications

Puzzling out the Feldstein–Horioka paradox for Turkey by a time-varying parameter approach

Puzzling out the Feldstein–Horioka paradox for Turkey by a time-varying parameter approach

Türkiye'de kısa vadeli sermaye hareketlerinin başlıca iktisadi değişkenler üzerine etkisi (Effect of Short Term&nbsp;Capital Movements on Main Economic Variables in Turkey)

Contact Info

Product

Resources

About

Türkiye'de kısa vadeli sermaye hareketlerinin başlıca iktisadi değişkenler üzerine etkisi (Effect of Short Term Capital Movements on Main Economic Variables in Turkey)