IDEAS home Printed from https://ideas.repec.org/a/acc/malfin/v36y2021i116p155-170.html
   My bibliography  Save this article

Evaluation of 2001 Crisis in Dollarization Dimension with VAR Analysis

Author

Listed:
  • Ayşegül Ak

    (Başkent University)

Abstract

As a crisis for being used all over the world in 2020, the similarities caused by the Covid19 virus with the previous and past crises in the literature began to be increasingly discussed. So, the main starting point of the study is to associate the variables of the 2001 crisis in Turkey, especially with credit dollarization. First of all, the crisis as the cost of dollarization to the economy was discussed and with the analysis part, dollarization divided into two as credit and deposit dollarization and its relationship with interest change, exchange rate change, inflation and Gross Domestic Product change has been tried to be revealed. According to the results of the analysis, 65% of the explanations of people like dealing with credit dollarization were considered to be of high value for the social sciences.

Suggested Citation

  • Ayşegül Ak, 2021. "Evaluation of 2001 Crisis in Dollarization Dimension with VAR Analysis," Journal of Finance Letters (Maliye ve Finans Yazıları), Maliye ve Finans Yazıları Yayıncılık Ltd. Şti., vol. 36(116), pages 155-170, October.
    • Handle: RePEc:acc:malfin:v:36:y:2021:i:116:p:155-170
    DOI: https://doi.org/10.33203/mfy.975032
    as

    Download full text from publisher

    File URL: https://dergipark.org.tr/tr/download/article-file/1894161
    Download Restriction: no
    File URL: https://libkey.io/https://doi.org/10.33203/mfy.975032?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Financial crisis; logit model; dollarization;
    All these keywords.

    JEL classification:

    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • C01 - Mathematical and Quantitative Methods - - General - - - Econometrics
    • F31 - International Economics - - International Finance - - - Foreign Exchange

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:acc:malfin:v:36:y:2021:i:116:p:155-170. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Süleyman Kale (email available below). General contact details of provider: https://dergipark.org.tr/en/pub/mfy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.