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Journals / İstanbul Üniversitesi Siyasal Bilgiler Fakültesi Dergisi / 2005 / Cilt: 0 - Sayı: 33

Financial Globalization-Currency Criss Causality and Predictability of Currency Crises: Turkey,1990-2002

Finansal Küreselleşme-Para Krizi Nedenselliği ve Para Krizlerinin Tahmin Edilebilirliği: Türkiye, 1990-2002

Ömer YILMAZ
Vedat KAYA
Pages
69–101
Publication Date
2022-11-03
DOI
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AI Summary & Key Takeaways

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

The-findings show that financial globalisation Granger-Causes

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Abstract This paper tests the Granger Causality between financial globalisation and currency crises and calculates predicted probabilities of currency crises.
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Key Findings & Data:The probabilities of currency crises were calculated by five models including 31 explanatory variables by using monthly time series data.
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Conclusion & Impact:The-findings show that financial globalisation Granger-Causes
🔬Design:Modeling & Simulation
📍Scope:Comprehensive Sample
⚙️Variables:Domain Parameters

Abstract

Abstract This paper tests the Granger Causality between financial globalisation and currency crises and calculates predicted probabilities of currency crises. The probabilities of currency crises were calculated by five models including 31 explanatory variables by using monthly time series data. The-findings show that financial globalisation Granger-Causes

Özet

Özet Bu çalışma, finansal küreselleşme ile para krizleri arasında iktisadi bir nedensellik ilişkisi olup olmadığım test etmek ve para krizlerinin tahmin olasılıklarını hesaplamak üzere yapılmıştır. Çalışma 1990-2002 dönemi Türkiye ekonomisi aylık zaman serisi verilerini kapsamaktadır. para krizi çıkma olasılıkları beş model kapsamında ve toplam 31 açıklayıcı değişken kullanılarak hesaplanmıştır. Bulgular, Türkiye örneğinde ve 1990-2002 dönemi için finansal küreselleşme olgusunun para krizlerinin % l0 önem seviyesinde Granger nedeni olduğunu göstermektedir.

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Cite This Article

YILMAZ, Ö., KAYA, V. (2022). Financial Globalization-Currency Criss Causality and Predictability of Currency Crises: Turkey,1990-2002. İstanbul Üniversitesi Siyasal Bilgiler Fakültesi Dergisi, Cilt: 0 - Sayı: 33, 69–101. https://ajindex.com/articles/652118

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