Izvorni znanstveni članak
Exploring the Relationship between Consumer Credits and Interest Rates in Turkey: A Fractional Cointegration Analysis
Burcu Kiran
Puni tekst: hrvatski pdf 150 Kb
str. 57-71
preuzimanja: 461
citiraj
APA 6th Edition
Kiran, B. (2011). Exploring the Relationship between Consumer Credits and Interest Rates in Turkey: A Fractional Cointegration Analysis. Privredna kretanja i ekonomska politika, 21 (128), 57-71. Preuzeto s https://hrcak.srce.hr/74145
MLA 8th Edition
Kiran, Burcu. "Exploring the Relationship between Consumer Credits and Interest Rates in Turkey: A Fractional Cointegration Analysis." Privredna kretanja i ekonomska politika, vol. 21, br. 128, 2011, str. 57-71. https://hrcak.srce.hr/74145. Citirano 21.11.2024.
Chicago 17th Edition
Kiran, Burcu. "Exploring the Relationship between Consumer Credits and Interest Rates in Turkey: A Fractional Cointegration Analysis." Privredna kretanja i ekonomska politika 21, br. 128 (2011): 57-71. https://hrcak.srce.hr/74145
Harvard
Kiran, B. (2011). 'Exploring the Relationship between Consumer Credits and Interest Rates in Turkey: A Fractional Cointegration Analysis', Privredna kretanja i ekonomska politika, 21(128), str. 57-71. Preuzeto s: https://hrcak.srce.hr/74145 (Datum pristupa: 21.11.2024.)
Vancouver
Kiran B. Exploring the Relationship between Consumer Credits and Interest Rates in Turkey: A Fractional Cointegration Analysis. Privredna kretanja i ekonomska politika [Internet]. 2011 [pristupljeno 21.11.2024.];21(128):57-71. Dostupno na: https://hrcak.srce.hr/74145
IEEE
B. Kiran, "Exploring the Relationship between Consumer Credits and Interest Rates in Turkey: A Fractional Cointegration Analysis", Privredna kretanja i ekonomska politika, vol.21, br. 128, str. 57-71, 2011. [Online]. Dostupno na: https://hrcak.srce.hr/74145. [Citirano: 21.11.2024.]
Puni tekst: engleski pdf 426 Kb
str. 57-71
preuzimanja: 1.086
citiraj
APA 6th Edition
Kiran, B. (2011). Exploring the Relationship between Consumer Credits and Interest Rates in Turkey: A Fractional Cointegration Analysis. Privredna kretanja i ekonomska politika, 21 (128), 57-71. Preuzeto s https://hrcak.srce.hr/74145
MLA 8th Edition
Kiran, Burcu. "Exploring the Relationship between Consumer Credits and Interest Rates in Turkey: A Fractional Cointegration Analysis." Privredna kretanja i ekonomska politika, vol. 21, br. 128, 2011, str. 57-71. https://hrcak.srce.hr/74145. Citirano 21.11.2024.
Chicago 17th Edition
Kiran, Burcu. "Exploring the Relationship between Consumer Credits and Interest Rates in Turkey: A Fractional Cointegration Analysis." Privredna kretanja i ekonomska politika 21, br. 128 (2011): 57-71. https://hrcak.srce.hr/74145
Harvard
Kiran, B. (2011). 'Exploring the Relationship between Consumer Credits and Interest Rates in Turkey: A Fractional Cointegration Analysis', Privredna kretanja i ekonomska politika, 21(128), str. 57-71. Preuzeto s: https://hrcak.srce.hr/74145 (Datum pristupa: 21.11.2024.)
Vancouver
Kiran B. Exploring the Relationship between Consumer Credits and Interest Rates in Turkey: A Fractional Cointegration Analysis. Privredna kretanja i ekonomska politika [Internet]. 2011 [pristupljeno 21.11.2024.];21(128):57-71. Dostupno na: https://hrcak.srce.hr/74145
IEEE
B. Kiran, "Exploring the Relationship between Consumer Credits and Interest Rates in Turkey: A Fractional Cointegration Analysis", Privredna kretanja i ekonomska politika, vol.21, br. 128, str. 57-71, 2011. [Online]. Dostupno na: https://hrcak.srce.hr/74145. [Citirano: 21.11.2024.]
Sažetak
This paper investigates the relationship between consumer credits and interest rates in Turkey based on the fractional cointegration approach by using daily observations over the period from 4 January 2002 to 24 December 2010. First, we ignore the possible structural breaks in the series and perform the Geweke and Porter-Hudak (GPH) test on the residuals for fractional cointegration. Second, we determine the structural breaks “endogenously” by using a minimum LM unit root test and reapply the GPH test on the new residuals obtained from a cointegrating regression estimated with the detrended series. The results indicate that consumer credits and interest rates are fractionally cointegrated in both cases, with and without structural breaks.
Ključne riječi
consumer credits; interest rates; fractional cointegration; structural breaks; Turkey
Hrčak ID:
74145
URI
https://hrcak.srce.hr/74145
Datum izdavanja:
17.11.2011.
Podaci na drugim jezicima:
hrvatski
Posjeta: 2.685
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