TÜRKİYE’DE DÖVİZ KURU İLE SORUNLU KREDİLER İLİŞKİSİ: BİR ZAMAN SERİSİ ANALİZİ
THE NEXUS BETWEEN FOREIGN EXCHANGE RATE AND NON PERFORMING LOANS IN TURKEY: A TIME SERIES ANALYSIS
Author(s): Gizem Baş, Mehmet KaraSubject(s): National Economy, Business Economy / Management, Economic history, Transformation Period (1990 - 2010), Present Times (2010 - today), Financial Markets
Published by: Kafkas Üniversitesi Sağlık, Kültür ve Spor Daire Başkanlığı Dijital Baskı Merkezi
Keywords: Real effective exchange rate; nonperforming loans; Turkey;
Summary/Abstract: The quality of bank assets is significant for many developed and developing countries, in order to be able to operate the banking system in a healthy way. Hence, the most important asset quality indicator is non-performing loans. The objective of this study is to investigate the relationship between non-performing loans and exchange rates, become a current issue with exchange rate shocks in recent years in Turkish economy, considering commercial loans interest rates, credit volume and inflation variables for the period of 2005:Q4-2017:Q4 by applying ARDL analysis method. It is determined that there is a cointegration relationship between the variables, therefore, ARDL model is constructed and the association between the variables is examined for long and short term. The findings indicated that increase in real effective exchange rate leads non-performing loans to increase in both long and short term.
Journal: Kafkas Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
- Issue Year: 11/2020
- Issue No: 22
- Page Range: 997-1023
- Page Count: 27
- Language: Turkish