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Journals / Uludağ Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi / 2006 / Cilt: 25 - Sayı: 1

Bank lending channel: A survey of literature and Turkish case (1986-2000)

Banka ödünçleri kanalı: Literatür ve Türkiye örneği (1986-2000)

M. Kutluğhan Savaş ÖKTE
Pages
19–61
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

On the other hand, banking sector dominant financial system, continuation of deposits as the main source of funds for banks and bank dependent nature of private firms for external finance raising were the factors that affected the operation of the bank lending channel positively during this period.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This paper reviews the literature on the bank lending channel of monetary transmission and examines the operation conditions for this channel analytically in the Turkish economy during 1986-2000.
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Key Findings & Data:The necessary conditions for the operation of the bank lending channel were partially present in the Turkish economy during this period.
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Conclusion & Impact:On the other hand, banking sector dominant financial system, continuation of deposits as the main source of funds for banks and bank dependent nature of private firms for external finance raising were the factors that affected the operation of the bank lending channel positively during this period.
🔬Design:Review & Systematic Survey
📍Scope:2000 Verileri
⚙️Variables:Domain Parameters

Abstract

This paper reviews the literature on the bank lending channel of monetary transmission and examines the operation conditions for this channel analytically in the Turkish economy during 1986-2000. The necessary conditions for the operation of the bank lending channel were partially present in the Turkish economy during this period. The most important obstacle on the operation of the bank lending channel was the changing method of financing public deficits and reserve accommodating policy of the monetaiy authority to this method. On the other hand, banking sector dominant financial system, continuation of deposits as the main source of funds for banks and bank dependent nature of private firms for external finance raising were the factors that affected the operation of the bank lending channel positively during this period.

Özet

Bu makale, parasal aktarımın banka ödünçleri kanalı literatürünü gözden geçirmekte ve analitik bir yaklaşımla Türkiye ekonomisinde 1986-2000 dönemi için bu kanalın işleyiş koşullarını araştırmaktadır. Bu dönemde, Türkiye ekonomisinde banka ödünçleri kanalının çalışması için gerekli olan koşullar kısmen mevcuttur. Banka ödünçleri kanalınm işleyişi üzerindeki en önemli kısıt, kamu açıklarının değişen finansman biçimi ile para otoritesinin buna uyum sağlayan rezerv politikasıdır. Diğer taraftan, fınansal sistemin bankacılık ağırlıklı yapısı, mevduatın bankalar için ana fon kaynağı olmaya devam etmesi ve özel firmaların dış finansman temini bakımından bankalara bağımlı olmaları, bu dönemde banka ödünçleri kanalının işleyişini olumlu yönde etkileyen faktörler olmuşlardır.

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Cite This Article

ÖKTE, M. K. S. (2006). Bank lending channel: A survey of literature and Turkish case (1986-2000). Uludağ Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, Cilt: 25 - Sayı: 1, 19–61. https://ajindex.com/articles/326599

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