The Bank Lending Channel In Turkey: Effect of Capital Adequacy Ratio

Home Page
About
Submit A Journal
Submit A Conference
Submit Paper/Book
- Submit a Preprint
- Submit a Book
Contact

BDDK Bankacılık ve Finansal Piyasalar Dergisi
Volume:1 Issue:1
The Bank Lending Channel In Turkey: Effect of Capital Adequacy Ratio

The Bank Lending Channel In Turkey: Effect of Capital Adequacy Ratio

Authors : Cihan AKTAŞ, Bedri Kamil Onur TAŞ

Pages : 61-74

View : 34 | Download : 43

Publication Date : 2007-06-01

Article Type : Research Paper

Abstract :This paper empirically analyzes the effect of monetary policy changes on loan supply of Turkish banks and presents the evidence that bank lending channel of monetary policy transmission mechanism is operating through the capital adequacy of Turkish banks. By using the CAR as an indicator of capital constraint we show that banks that do not have capital constraints respond more to monetary policy. Also, banks with different CAR react differently to monetary policy changes. We show that the asymmetric effect of CAR may help to explain the mixed results in the empirical literature about the bank lending channel.
Keywords : Parasal Aktarım Mekanizması, Banka Kredi Kanalı, Sermaye Yeterlilik Rasyosu

ORIGINAL ARTICLE URL

* There may have been changes in the journal, article,conference, book, preprint etc. informations. Therefore, it would be appropriate to follow the information on the official page of the source. The information here is shared for informational purposes. IAD is not responsible for incorrect or missing information.