ANALYSIS OF BUBBLES ASSETS FOR WEIGHTED AVERAGE INTEREST RATES APPLIED TO BANK LOANS

Savaş Tarkun; Erkan Işığıçok

Makale detayları

ANALYSIS OF BUBBLES ASSETS FOR WEIGHTED AVERAGE INTEREST RATES APPLIED TO BANK LOANS

Yazarlar:

Savaş Tarkun | Erkan Işığıçok

Yayıncı:

Bandirma Onyedi Eylul University

Ana Başlıklar:

Ekonomi

Dergi:

Yönetim ve Ekonomi Araştırmaları Dergisi Vol.22 Issue 3, pp.30-49

Belge Tipi:

Makale

Yayın Tarihi:

3/2024

Belge Dili:

İngilizce

Document ID (Org No.):

2001329072

pISSN:

2148-029X

Anahtar kelimeler:

Özet:

 This study examines the existence of the bubble effect in the average interest rates of loans applied by banks to various types of loans for consumers. The purpose of this article is the research of the bubble formations in the average interest rates applied by the banks to consumer, housing home, vehicle, and commercial loan types. This article examines the existence of bubbles in the average loan interest rates of banks in Turkey using the GSADF unit root test developed by Phillips et al. 2015. Bubble assets are analyzed with weekly data for the period June 2019March 2023. Monte Carlo simulations performed obtained critical values for the GSADF unit root test. The results show that the bubble effect on housing loan interest rates is statistically significant at the 0.05 level. Against this, although the existence of a bubble effect in consumer, vehicle, and commercial loan interest rates has been determined, these bubbles are statistically insignificant.

 This study examines the existence of the bubble effect in the average interest rates of loans applied by banks to various types of loans for consumers. The purpose of this article is the research of the bubble formations in the average interest rates applied by the banks to consumer, housing home, vehicle, and commercial loan types. This article examines the existence of bubbles in the average loan interest rates of banks in Turkey using the GSADF unit root test developed by Phillips et al. 2015. Bubble assets are analyzed with weekly data for the period June 2019March 2023. Monte Carlo simulations performed obtained critical values for the GSADF unit root test. The results show that the bubble effect on housing loan interest rates is statistically significant at the 0.05 level. Against this, although the existence of a bubble effect in consumer, vehicle, and commercial loan interest rates has been determined, these bubbles are statistically insignificant.

 This study examines the existence of the bubble effect in the average interest rates of loans applied by banks to various types of loans for consumers. The purpose of this article is the research of the bubble formations in the average interest rates applied by the banks to consumer, housing home, vehicle, and commercial loan types. This article examines the existence of bubbles in the average loan interest rates of banks in Turkey using the GSADF unit root test developed by Phillips et al. 2015. Bubble assets are analyzed with weekly data for the period June 2019March 2023. Monte Carlo simulations performed obtained critical values for the GSADF unit root test. The results show that the bubble effect on housing loan interest rates is statistically significant at the 0.05 level. Against this, although the existence of a bubble effect in consumer, vehicle, and commercial loan interest rates has been determined, these bubbles are statistically insignificant.

 This study examines the existence of the bubble effect in the average interest rates of loans applied by banks to various types of loans for consumers. The purpose of this article is the research of the bubble formations in the average interest rates applied by the banks to consumer, housing home, vehicle, and commercial loan types. This article examines the existence of bubbles in the average loan interest rates of banks in Turkey using the GSADF unit root test developed by Phillips et al. 2015. Bubble assets are analyzed with weekly data for the period June 2019March 2023. Monte Carlo simulations performed obtained critical values for the GSADF unit root test. The results show that the bubble effect on housing loan interest rates is statistically significant at the 0.05 level. Against this, although the existence of a bubble effect in consumer, vehicle, and commercial loan interest rates has been determined, these bubbles are statistically insignificant.

Makale detayları

ANALYSIS OF BUBBLES ASSETS FOR WEIGHTED AVERAGE INTEREST RATES APPLIED TO BANK LOANS

Yazarlar:

Savaş Tarkun | Erkan Işığıçok

Yayıncı:

Bandirma Onyedi Eylul University

Ana Başlıklar:

Ekonomi

Dergi:

Yönetim ve Ekonomi Araştırmaları Dergisi Vol.22 Issue 3, pp.30-49

Belge Tipi:

Makale

Yayın Tarihi:

3/2024

Belge Dili:

İngilizce

Document ID (Org No.):

2001329072

pISSN:

2148-029X

GSADF

Bubble Effect

Bubble Assets

Bank Loans

Home Loan Interest Rates

Sayı

Makale detayları

ANALYSIS OF BUBBLES ASSETS FOR WEIGHTED AVERAGE INTEREST RATES APPLIED TO BANK LOANS

Yazarlar: Savaş Tarkun | Erkan Işığıçok

Yayıncı: Bandirma Onyedi Eylul University

Ana Başlıklar: Ekonomi

Dergi: Yönetim ve Ekonomi Araştırmaları Dergisi Vol.22 Issue 3, pp.30-49

Belge Tipi: Makale

Yayın Tarihi: 3/2024

Belge Dili: İngilizce

Document ID (Org No.): 2001329072

pISSN: 2148-029X

GSADF

Bubble Effect

Bubble Assets

Bank Loans

Home Loan Interest Rates

Sayı

Yazarlar:

Savaş Tarkun | Erkan Işığıçok

Yayıncı:

Bandirma Onyedi Eylul University

Ana Başlıklar:

Ekonomi

Dergi:

Yönetim ve Ekonomi Araştırmaları Dergisi Vol.22 Issue 3, pp.30-49

Belge Tipi:

Makale

Yayın Tarihi:

3/2024

Belge Dili:

İngilizce

Document ID (Org No.):

2001329072

pISSN:

2148-029X