Domestic public debt has been growing rapidly since 1980 and it has been accepted the main reason of macroeconomic problems Level of domestic debt stock domestic debt interest payments and debt maturity problems have caused to increase interests to sustainability analyses Hence many econometric models have been developed for analysing sustainability Cointgration is one of the popular way for analyzing sustainability Cointegration analyse for Turkey applied for 1990 2008 has shown that there is a huge risk for domestic debt unsustainabilty Key words: Domestic debt sustainability in Turkey domestic debt sustainabilty cointegration
📌 3 Key Takeaways
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Objective & Hypothesis:Domestic public debt has been growing rapidly since 1980 and it has been accepted the main reason of macroeconomic problems Level of domestic debt stock domestic debt interest payments and debt maturity problems have caused to increase interests to sustainability analyses Hence many econometric models have been developed for analysing sustainability Cointgration is one of the popular way for analyzing sustainability Cointegration analyse for Turkey applied for 1990 2008 has shown that there is a huge risk for domestic debt unsustainabilty Key words: Domestic debt sustainability in Turkey domestic debt sustainabilty cointegration
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Key Findings & Data:Domestic public debt has been growing rapidly since 1980 and it has been accepted the main reason of macroeconomic problems Level of domestic debt stock domestic debt interest payments and debt maturity problems have caused to increase interests to sustainability analyses Hence many econometric models have been developed for analysing sustainability Cointgration is one of the popular way for analyzing sustainability Cointegration analyse for Turkey applied for 1990 2008 has shown that there is a huge risk for domestic debt unsustainabilty Key words: Domestic debt sustainability in Turkey domestic debt sustainabilty cointegration
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Conclusion & Impact:Domestic public debt has been growing rapidly since 1980 and it has been accepted the main reason of macroeconomic problems Level of domestic debt stock domestic debt interest payments and debt maturity problems have caused to increase interests to sustainability analyses Hence many econometric models have been developed for analysing sustainability Cointgration is one of the popular way for analyzing sustainability Cointegration analyse for Turkey applied for 1990 2008 has shown that there is a huge risk for domestic debt unsustainabilty Key words: Domestic debt sustainability in Turkey domestic debt sustainabilty cointegration
🔬Design:Modeling & Simulation
📍Scope:2008 Verileri
⚙️Variables:Anahtar Kelimeler Türkiye de iç borçlanma · iç borçların sürdürülebilirliği · koentegrasyon
Abstract
Domestic public debt has been growing rapidly since 1980 and it has been accepted the main reason of macroeconomic problems Level of domestic debt stock domestic debt interest payments and debt maturity problems have caused to increase interests to sustainability analyses Hence many econometric models have been developed for analysing sustainability Cointgration is one of the popular way for analyzing sustainability Cointegration analyse for Turkey applied for 1990 2008 has shown that there is a huge risk for domestic debt unsustainabilty Key words: Domestic debt sustainability in Turkey domestic debt sustainabilty cointegration
Özet
Türkiye ekonomisi 1980 sonrasında hızlı bir iç borç birikim sürecine girmiştir. İç borçlanmanın hız kazanması birçok makroekonomik problemin ortaya çıkmasına neden olmuştur. İç borç stokunun genişlemesi, iç borçlanma faiz ödemeleri ve vade yapısının mevcut durumu iç borç sürdürülebilirliği analizlerine olan ilgiyi de arttırmıştır. Bu nedenle iç borçların sürdürülebilirliği üzerine birçok ekonometrik model geliştirilmiştir. Son dönemlerde sürdürülebilirlik analizlerinde başvurulan yöntemlerden birisi de koentegrasyon (eşbütünleşme) analizdir. Bu çalışmanın amacı, Türkiye de 1990-2008 dönemi için iç borçların sürdürülebilirliğini koentegrasyon yöntemi ile analiz etmektir. Çalışma neticesinde iç borçların sürdürülememe tehlikesini bulunduğu sonucuna varılmıştır.
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