RELATIONSHIP BETWEEN MONETARY STABILITY AND FINAN-CIAL STABILITY IN TURKEY: EMPRICAL ANALYSIS WITH VAR MODELS
TÜRKİYE EKONOMİSİNDE PARASAL İSTİKRAR VE FİNANSAL İSTİKRAR İLİŞKİSİ: VAR MODELİ İLE AMPİRİK ANALİZ

Author : Zehra DOĞAN ÇALIŞKAN -- Ünzüle KURT
Number of pages : 200-208

Abstract

The new environmental hypothesis has succeeded in modernizing the relationship between monetary stability and financial stability bringing different definitions of these. Accordingly, the new environment analysis reveals what can be done in economic situations by financial stability and monetary stability change. In this research has been research relationship between monetary stability and financial stability by using VAR models for Turkısh economy 2000:2014 period. As a result of the analysis, the causality relation between monetary stability and financial stability was solved and the intensity and direction of the effect were determined.

Keywords

New Environment Hypothesis, Financial Stability, Monetary Stability, VAR models.

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