Credit decomposition and economic activity in Turkey: A wavelet-based approach

This paper aims to investigate the co-movement between the credit growth and gross domestic product (GDP) growth in Turkey over the period January 2004–October 2019. By taking into account alternative credit decomposition and the variations over time and across frequencies using the wavelet analysis...

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Bibliographic Details
Main Authors: Oğuzhan Çepni, Yavuz Selim Hacıhasanoğlu, Muhammed Hasan Yılmaz
Format: Article
Language:English
Published: Elsevier 2020-09-01
Series:Central Bank Review
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S1303070120300251