The Relationship Between Credit Utilization Rate and Inflation Rate: A Case Study of Turkey
Küçük Resim Yok
Tarih
2019
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Maliye Bakanligi
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
The reforms to be made in relation to the determination of the relationship between inflation rates and loans in a country are very effective in the success of the anti-inflation programs. Within this context, the aim of this study to investigate the impact of utilization rates of consumer loans as well as commercial and corporate credit cards on the volatility of consumer price index (CPI) and producer price index (PPI) in Turkey for the 2005:12-2018:1 period. In this study, the interaction between variables was investigated by using symmetric and asymmetric conditional volatility models. As a result of the study, it was found that the rates of credit use raised the volatility of inflation rates while the use of installment commercial loans and corporate credit cards reduced their volatility.
Açıklama
Anahtar Kelimeler
Inflation Rate, Credit Utilization Rate, CPI, PPI, ARCH, GARCH, E-GARCH, Turkey
Kaynak
Maliye Dergisi
WoS Q Değeri
N/A
Scopus Q Değeri
Cilt
Sayı
176
