BANKING LEVERAGE, CREDIT INDICATORS, CURRENT ACCOUNT BALANCE AND ECONOMIC GROWTH WITH THEIR IMPLICATIONS IN TURKEY (1999-2013)

Göksel Tiryaki [1]

518 425

The influence of credit indicators, such as Banking Leverage, Credit Growth Rate, Credit/Deposit and Non-performing Loans Ratios over growth rate of Gross Domestic Product (GDP) and Current Account Balance are both very substantial and argumentative matters for financial economics literature. In this study, the importance of these credit indicators over two main parameters of macroeconomic environment is analyzed. According to the analysis results, credit indicators are more influential and show more causality over current account balance than GDP. On the other hand Banking Leverage is more influential and shows more causality over current account balance and GDP than other credit indicators. As for policy implications, our findings implies that banking leverage is more effective regulation and policy tool as macro prudential measures and targets in order to sustain financial stability than other credit indicators

The influence of credit indicators, such as Banking Leverage, Credit Growth Rate, Credit/Deposit and

Non-performing Loans Ratios over growth rate of Gross Domestic Product (GDP) and Current Account

Balance are both very substantial and argumentative matters for financial economics literature. In this study,

the importance of these credit indicators over two main parameters of macroeconomic environment is

analyzed. According to the analysis results, credit indicators are more influential and show more causality

over current account balance than GDP. On the other hand Banking Leverage is more influential and

shows more causality over current account balance and GDP than other credit indicators. As for policy

implications, our findings implies that banking leverage is more effective regulation and policy tool as

macro prudential measures and targets in order to sustain financial stability than other credit indicators.

Keywords: Credit Indicators, Credit Growth, Banking Leverage, GDP Growth, Current Account

Balance

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Yazar: Göksel Tiryaki
E-posta: gtiryaki@bddk.org.tr

Bibtex @ { marufacd4610, journal = {Finansal Araştırmalar ve Çalışmalar Dergisi}, issn = {1309-1123}, address = {Marmara Üniversitesi}, year = {2015}, volume = {6}, pages = {0 - }, doi = {10.14784/JFRS.2014117330}, title = {BANKING LEVERAGE, CREDIT INDICATORS, CURRENT ACCOUNT BALANCE AND ECONOMIC GROWTH WITH THEIR IMPLICATIONS IN TURKEY (1999-2013)}, language = {tr}, key = {cite}, author = {Tiryaki, Göksel} }
APA Tiryaki, G . (2015). BANKING LEVERAGE, CREDIT INDICATORS, CURRENT ACCOUNT BALANCE AND ECONOMIC GROWTH WITH THEIR IMPLICATIONS IN TURKEY (1999-2013). Finansal Araştırmalar ve Çalışmalar Dergisi, 6 (11), . DOI: 10.14784/JFRS.2014117330
MLA Tiryaki, G . "BANKING LEVERAGE, CREDIT INDICATORS, CURRENT ACCOUNT BALANCE AND ECONOMIC GROWTH WITH THEIR IMPLICATIONS IN TURKEY (1999-2013)". Finansal Araştırmalar ve Çalışmalar Dergisi 6 (2015): <http://e-dergi-marmara.dergipark.gov.tr/marufacd/issue/508/4610>
Chicago Tiryaki, G . "BANKING LEVERAGE, CREDIT INDICATORS, CURRENT ACCOUNT BALANCE AND ECONOMIC GROWTH WITH THEIR IMPLICATIONS IN TURKEY (1999-2013)". Finansal Araştırmalar ve Çalışmalar Dergisi 6 (2015):
RIS TY - JOUR T1 - BANKING LEVERAGE, CREDIT INDICATORS, CURRENT ACCOUNT BALANCE AND ECONOMIC GROWTH WITH THEIR IMPLICATIONS IN TURKEY (1999-2013) AU - Göksel Tiryaki Y1 - 2015 PY - 2015 N1 - doi: 10.14784/JFRS.2014117330 DO - 10.14784/JFRS.2014117330 T2 - Finansal Araştırmalar ve Çalışmalar Dergisi JF - Journal JO - JOR SP - 0 EP - VL - 6 IS - 11 SN - 1309-1123- M3 - doi: 10.14784/JFRS.2014117330 UR - http://dx.doi.org/10.14784/JFRS.2014117330 Y2 - 2017 ER -
EndNote %0 Finansal Araştırmalar ve Çalışmalar Dergisi BANKING LEVERAGE, CREDIT INDICATORS, CURRENT ACCOUNT BALANCE AND ECONOMIC GROWTH WITH THEIR IMPLICATIONS IN TURKEY (1999-2013) %A Göksel Tiryaki %T BANKING LEVERAGE, CREDIT INDICATORS, CURRENT ACCOUNT BALANCE AND ECONOMIC GROWTH WITH THEIR IMPLICATIONS IN TURKEY (1999-2013) %D 2015 %J Finansal Araştırmalar ve Çalışmalar Dergisi %P 1309-1123- %V 6 %N 11 %R doi: 10.14784/JFRS.2014117330 %U 10.14784/JFRS.2014117330