An Empirical Analysis of Turkish Financial Crises in the Early 2000’s.

ÖZSOY, İsmail and GÖRMEZ, Birol (2009) An Empirical Analysis of Turkish Financial Crises in the Early 2000’s. In: 1st International Symposium on Sustainable Development, June 9-10, 2009, Sarajevo, Bosnia and Herzegovina.

[img]
Preview
Text
ISSD2009-MANAGEMENT_p16-p23.pdf

*- Download (284kB) | Preview

Abstract

The financing scheme has a crucial function in an economy since it enables fundowners to transfer their funds to those in need. Unless the financing scheme operates effectively, economic growth is hampered severely due to the inadequacy or immobility of capital. The world finance history has experienced many financial crises, the case of malfunction of the financing scheme, repeatedly so far. Many theories and models have been developed to give an insight into the reasons and dissemination mechanisms of, and precautions against the financial crises. This paper is intended to find out the explanatory variables of the Turkish financial crises that took place in November 2000 and February 2001 with the help of the method of Artificial Neural Network (ANN) and within the framework of the models of financial crises. To this effect, the models of financial crises are briefly dealt with; the Turkish financial crises in the early 2000’s are analyzed subsequently by making use of ANN.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: Turkish Financial Crisis, Financial Crisis Models, Artificial Neural Network
Subjects: H Social Sciences > HB Economic Theory
Depositing User: Users 4 not found.
Date Deposited: 01 Feb 2012 12:32
Last Modified: 02 Mar 2012 09:58
URI: http://eprints.ibu.edu.ba/id/eprint/130

Actions (login required)

View Item View Item