Browsing by Author "Danisoglu, Ayse Celikel"
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Determinants of Currency Crises in Turkey Some Empirical Evidence
Authors:Karabulut, Gökhan; Bilgin, Mehmet Hüseyin; Danisoglu, Ayse Celikel
Publisher and Date:(M.E Sharpe Inc., 2010)Currency crises have become a serious threat for developing countries especially since the financial deregulation process and the collapse of the Bretton Woods system. In the past two decades Turkey has experienced two major currency crises. This study aims to predict the determinants of currency crises in Turkey by using an ordered probit model. According to the results short-term debt/GDP real exchange rate deposit interest rates foreign exchange reserves/imports and credit/deposit variables are ...