Ekonomi Bölümü Koleksiyonu

Permanent URI for this collectionhttps://hdl.handle.net/20.500.11779/1936

Browse

Search Results

Now showing 1 - 2 of 2
  • Article
    Citation - WoS: 3
    Citation - Scopus: 5
    Does Credit Composition Matter for Current Account Dynamics? Evidence From Turkey
    (Taylor & Francis, 2016-06-06) Toraganlı, Nazlı; Ertuğrul, Hasan Murat
    Based on a dynamic approach using the Kalman filter we depict effects of time-varying interactions between different components of credit stock on the current account in the Turkish Economy for the period 2002Q3–2014Q3. We decompose the credit stock into consumer and non-financial corporate sector credit and show empirically that both types of credit stock have negative effects on the current account dynamics
  • Article
    Citation - WoS: 18
    Citation - Scopus: 20
    Consumer Confidence and Economic Activity: a Factor Augmented Var Approach
    (Taylor & Francis, 2016-02-03) Kılıç, Erdem; Çankaya, Serkan
    This study aims to analyse the effects of the consumer confidence on economic activity for the USmarket. We use the empirical factor-augmented vector autoregression (FAVAR) method, whichenables us to incorporate a wide range of economic activity factors into the analysis. Theconsumer confidence index (CCI) is chosen as the principal variable that is presumed to representthe degree of optimism on the state of economic activity. The results show that consumerconfidence and economic activity are strongly correlated for manufacturing-related factors,such as industrial production and inventories. We also observe strong relation among CCI andpersonal consumption expenditures, as well as housing market variables.