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Journals / Abant İzzet Baysal Üniversitesi Sosyal Bilimler Enstitüsü Dergisi / 2020 / Cilt: 20 - Sayı: 2

THE CAUSALITY RELATIONSHIPS BETWEEN MONEY, DISAGGREGATED CREDITS, HOUSE PRICES, AND GDP

PARA, AYRIŞTIRILMIŞ KREDİLER, KONUT FİYATLARI VE GSYH ARASINDAKİ NEDENSELLİK İLİŞKİSİ

Çiğdem KURT CİHANGİR
Pages
469–488
Publication Date
2022-10-11
DOI
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AI Summary & Key Takeaways

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

Furthermore, it is concluded that the collateral effect regarding housing prices are also emerged.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:In this study examines evidence of the dynamic relationships between money supply, credits, house prices, monetary policy, and GDP in Turkey over the period of 2005 Q4 – 2019 Q3.
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Key Findings & Data:The paper uses Granger Causality Test.
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Conclusion & Impact:Furthermore, it is concluded that the collateral effect regarding housing prices are also emerged.
🔬Design:Research Article
📍Scope:2005 Verileri
⚙️Variables:Domain Parameters

Abstract

In this study examines evidence of the dynamic relationships between money supply, credits, house prices, monetary policy, and GDP in Turkey over the period of 2005 Q4 – 2019 Q3. The paper uses Granger Causality Test. Unlike the literature, credits are disaggregated into productive credits which are affecting GDP and asset credits which are not affecting GDP. The results of the analysis show that asset credits Granger causes productivite credits. Furthermore, it is concluded that the collateral effect regarding housing prices are also emerged.

Özet

Bu çalışmada Türkiye’de 2005Ç4 – 2019Ç3 döneminde, para arzı, krediler, konutfiyatları, para politikası ve GSYH arasındaki dinamik ilişki Granger nedenselliktesti ile araştırılmıştır. Krediler, literatürden farklı olarak, GSYH’yı etkileyenüretken krediler ve GSYH’yı etkilemeyen varlık kredileri olarak ayrıştırılmıştır.Analiz sonucunda varlık kredilerinin, üretken kredilerin Granger nedeni olduğubelirlenmiştir. Ayrıca, konut fiyatlarına ilişkin teminat etkisinin de ortaya çıktığısonucuna ulaşılmıştır.

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Cite This Article

CİHANGİR, Ç. K. (2022). THE CAUSALITY RELATIONSHIPS BETWEEN MONEY, DISAGGREGATED CREDITS, HOUSE PRICES, AND GDP. Abant İzzet Baysal Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, Cilt: 20 - Sayı: 2, 469–488. https://ajindex.com/articles/426627

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