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Para Arzının Konut Kredilerine Etkileri: Türkiye Örneği

Author

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  • : Levent Çinko

    (armara Üniversitesi, Bankacılık ve Sigortacılık Yüksekokulu, Bankacılık Anabilim Dalı, İstanbul, Türkiye.)

Abstract

Konut kredileri bankaların yıllarca bankaların müşterilerine sunduğu önemli enstrümanlardan bir tanesidir. Tabi ki para politikacılar bu tip kredileri her zaman için ekonomik bir müdahale şeklinde görmüşlerdir. Dolayısıyla da ülkede ne zaman genişleyici bir para politikası izlenmeye başlanacaksa konut kredileri vazgeçilemeyecek bir para politikası araçlarından bir tanesi olmuştur. Sonuçta emisyon hacminde artan bir genişleme olduğunda yani para arzının arttığı dönemlerde bu tip kredilerin varlığı ve cazibesi her zaman ekonomik anlayışın bir ürünü olmuştur. Bankalar piyasanın canlanabilmesi adına zaman zaman çok düşük faiz oranlarıyla vatandaşın konut sahibi olabilmesi için konut kredileri sunmuşlardır. Ama diğer taraftan ekonomik istikrarın olmadığı dönemlerde de yüksek oranlı konut kredileri vererek piyasanın bir anlamda konut kredilerinden uzak durmasını sağlamışlardır. Bu çalışma kapsamında seçilmiş parasal büyüklüklerin tanımları doğrultusunda, 2005-2019 yılları arasında oluşan para arzı ve konut kredileri arasındaki ilişki analiz edilerek Granger nedensellik testi kullanılacaktır. Bu kapsamda Granger nedensellik testi için ilk aşamada serilerin durağanlık mertebeleri belirlenecek ve seriler arasında eşbütünleşme ilişkisi araştırılacaktır. Elde edilen bulgulara göre nedensellik analizi gerçekleştirilecektir.

Suggested Citation

  • : Levent Çinko, 2020. "Para Arzının Konut Kredilerine Etkileri: Türkiye Örneği," Istanbul Journal of Economics-Istanbul Iktisat Dergisi, Istanbul Journal of Economics-Istanbul Iktisat Dergisi, vol. 0(33), pages 51-63, December.
    • Handle: RePEc:ijs:journl:v:33:y:2020:i:33:p:51-63
    DOI: 0.26650/ekoist.2020.33.836737
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    References listed on IDEAS

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