Empirical Analysis of Turkish Banking Sector Institutional and Macroeconomic Determinants of Risks
Hikmet Akyol, Selim BaşarThis research examines the macroeconomic and institutional sources of individual, systemic, and systematic risks in the Turkish banking sector. The period between 2008:Q3 and 2019:Q3 of the nine deposit banks selected for this purpose were estimated using panel data analysis estimators. The results indicate that selected macroeconomic and institutional variables affect banking risks. These findings are important for revealing the institutional and macroeconomic sources of risks in the Turkish banking sector. Therefore, the results contain significant propositions for researchers, market participants, and politicians. Market participants and researchers can anticipate defaults and financial instability using selected macroeconomic and institutional variables. The estimation results reveal Turkish banks’ institutional soundness and financial performance strength. In addition, the extent to which banks are effective intermediaries in the sector was analysed. This research documented a strong link between global market indicators and banking risks.
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References
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Akyol, H., & Başar, S. (2024). Empirical Analysis of Turkish Banking Sector Institutional and Macroeconomic Determinants of Risks. Istanbul Journal of Economics, 74(1), 59-98. https://doi.org/10.26650/ISTJECON2023-1288872
AMA
Akyol H, Başar S. Empirical Analysis of Turkish Banking Sector Institutional and Macroeconomic Determinants of Risks. Istanbul Journal of Economics. 2024;74(1):59-98. https://doi.org/10.26650/ISTJECON2023-1288872
ABNT
Akyol, H.; Başar, S. Empirical Analysis of Turkish Banking Sector Institutional and Macroeconomic Determinants of Risks. Istanbul Journal of Economics, [Publisher Location], v. 74, n. 1, p. 59-98, 2024.
Chicago: Author-Date Style
Akyol, Hikmet, and Selim Başar. 2024. “Empirical Analysis of Turkish Banking Sector Institutional and Macroeconomic Determinants of Risks.” Istanbul Journal of Economics 74, no. 1: 59-98. https://doi.org/10.26650/ISTJECON2023-1288872
Chicago: Humanities Style
Akyol, Hikmet, and Selim Başar. “Empirical Analysis of Turkish Banking Sector Institutional and Macroeconomic Determinants of Risks.” Istanbul Journal of Economics 74, no. 1 (Dec. 2024): 59-98. https://doi.org/10.26650/ISTJECON2023-1288872
Harvard: Australian Style
Akyol, H & Başar, S 2024, 'Empirical Analysis of Turkish Banking Sector Institutional and Macroeconomic Determinants of Risks', Istanbul Journal of Economics, vol. 74, no. 1, pp. 59-98, viewed 4 Dec. 2024, https://doi.org/10.26650/ISTJECON2023-1288872
Harvard: Author-Date Style
Akyol, H. and Başar, S. (2024) ‘Empirical Analysis of Turkish Banking Sector Institutional and Macroeconomic Determinants of Risks’, Istanbul Journal of Economics, 74(1), pp. 59-98. https://doi.org/10.26650/ISTJECON2023-1288872 (4 Dec. 2024).
MLA
Akyol, Hikmet, and Selim Başar. “Empirical Analysis of Turkish Banking Sector Institutional and Macroeconomic Determinants of Risks.” Istanbul Journal of Economics, vol. 74, no. 1, 2024, pp. 59-98. [Database Container], https://doi.org/10.26650/ISTJECON2023-1288872
Vancouver
Akyol H, Başar S. Empirical Analysis of Turkish Banking Sector Institutional and Macroeconomic Determinants of Risks. Istanbul Journal of Economics [Internet]. 4 Dec. 2024 [cited 4 Dec. 2024];74(1):59-98. Available from: https://doi.org/10.26650/ISTJECON2023-1288872 doi: 10.26650/ISTJECON2023-1288872
ISNAD
Akyol, Hikmet - Başar, Selim. “Empirical Analysis of Turkish Banking Sector Institutional and Macroeconomic Determinants of Risks”. Istanbul Journal of Economics 74/1 (Dec. 2024): 59-98. https://doi.org/10.26650/ISTJECON2023-1288872