語系:
繁體中文
English
說明(常見問題)
回圖書館首頁
手機版館藏查詢
登入
回首頁
切換:
標籤
|
MARC模式
|
ISBD
Financial intermediation and crisis ...
~
Erdinc, Didar.
FindBook
Google Book
Amazon
博客來
Financial intermediation and crisis under macroeconomic uncertainty in a liberalizing economy: Turkey, 1980--1998.
紀錄類型:
書目-電子資源 : Monograph/item
正題名/作者:
Financial intermediation and crisis under macroeconomic uncertainty in a liberalizing economy: Turkey, 1980--1998./
作者:
Erdinc, Didar.
面頁冊數:
523 p.
附註:
Source: Dissertation Abstracts International, Volume: 65-09, Section: A, page: 3482.
Contained By:
Dissertation Abstracts International65-09A.
標題:
Economics, General. -
電子資源:
http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3145194
ISBN:
0496046527
Financial intermediation and crisis under macroeconomic uncertainty in a liberalizing economy: Turkey, 1980--1998.
Erdinc, Didar.
Financial intermediation and crisis under macroeconomic uncertainty in a liberalizing economy: Turkey, 1980--1998.
- 523 p.
Source: Dissertation Abstracts International, Volume: 65-09, Section: A, page: 3482.
Thesis (Ph.D.)--University of Southern California, 2004.
This dissertation studies the nature of financial disintermediation and crisis under macroeconomic uncertainty in a liberalizing economy, Turkey during the 1980--1998 period. I argue that financial market fragility and episodes of recurrent crises deriving from macroeconomic instability can exert an independent influence on real macroeconomic outcomes, leading to dawdling economic performance, much lower than a country's potential as occurred in the Turkish case.
ISBN: 0496046527Subjects--Topical Terms:
1017424
Economics, General.
Financial intermediation and crisis under macroeconomic uncertainty in a liberalizing economy: Turkey, 1980--1998.
LDR
:03261nmm 2200313 4500
001
1851559
005
20051216102016.5
008
130614s2004 eng d
020
$a
0496046527
035
$a
(UnM)AAI3145194
035
$a
AAI3145194
040
$a
UnM
$c
UnM
100
1
$a
Erdinc, Didar.
$3
1939445
245
1 0
$a
Financial intermediation and crisis under macroeconomic uncertainty in a liberalizing economy: Turkey, 1980--1998.
300
$a
523 p.
500
$a
Source: Dissertation Abstracts International, Volume: 65-09, Section: A, page: 3482.
500
$a
Adviser: Timur Kuran.
502
$a
Thesis (Ph.D.)--University of Southern California, 2004.
520
$a
This dissertation studies the nature of financial disintermediation and crisis under macroeconomic uncertainty in a liberalizing economy, Turkey during the 1980--1998 period. I argue that financial market fragility and episodes of recurrent crises deriving from macroeconomic instability can exert an independent influence on real macroeconomic outcomes, leading to dawdling economic performance, much lower than a country's potential as occurred in the Turkish case.
520
$a
I first study the role of credit market disintermediation in disrupting private investment in Turkey during the 1988--1989 period, and demonstrate how credit crunch under economic instability reduced the access of some companies to credit markets in a micro-econometric panel data analysis of the corporate financing and investment patterns. The theoretical model shows that systematic uncertainty aggravates the problem of credit market imperfections by increasing the degree of credit rationing and hence, may prove more costly than assumed so far.
520
$a
Later, I study the origins and the development of the 1994 financial crisis in Turkey, and argue that under capital mobility, reforming economies without fiscal discipline may be prone to financial fragility and recurrent episodes of economic crisis. I show that an unsustainable growth in public debt may carry the risk of inflationary monetization and eventually, trigger a reversal of speculative capital inflows, a panic run on currency, a full-blown financial crisis and economic recession which result in bank failures, corporate distress and a dramatic downturn in economic activity.
520
$a
I also argue that the interlocking ownership ties of banks and holding companies strengthened during the 1990s as an institutional anomaly because bank ownership was considered as a bulwark against recurrent crises and credit crunches. The 1994 crisis also showed that holdings with bank ties averted the crisis with minimum losses by compensating the decline in industrial earnings by lending to the government.
520
$a
I conclude this dissertation with a general equilibrium model of financial sector subject to systematic monetary shocks and generate crisis prone fundamentals and output fluctuations in the presence of market imperfections like nominal contracting and costly default.
590
$a
School code: 0208.
650
4
$a
Economics, General.
$3
1017424
690
$a
0501
710
2 0
$a
University of Southern California.
$3
700129
773
0
$t
Dissertation Abstracts International
$g
65-09A.
790
1 0
$a
Kuran, Timur,
$e
advisor
790
$a
0208
791
$a
Ph.D.
792
$a
2004
856
4 0
$u
http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3145194
筆 0 讀者評論
館藏地:
全部
電子資源
出版年:
卷號:
館藏
1 筆 • 頁數 1 •
1
條碼號
典藏地名稱
館藏流通類別
資料類型
索書號
使用類型
借閱狀態
預約狀態
備註欄
附件
W9201073
電子資源
11.線上閱覽_V
電子書
EB
一般使用(Normal)
在架
0
1 筆 • 頁數 1 •
1
多媒體
評論
新增評論
分享你的心得
Export
取書館
處理中
...
變更密碼
登入