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Copyright of Journal of Management & Economics Research is the property of Journal of Management & Economics Research and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Foreign currency reserves are important external assets held by countries in cases of international payment difficulties. Especially in the recent period, it has become more important for countries as it minimizes future insecurity and instills confidence. In this study, the relationship in Turkey between money supply and foreign exchange reserves is discussed. In the study, the subject is handled with the monetary balance of payments approach, unlike the other studies in the literature. In the study where the period of 2008: 01-2019: 12 is dealt with, the stationarity examination is made with ADF and RALS-ADF unit root tests. After determining that the variables are not stationary at the level, EG and RALS-EG cointegration tests are performed. According to the test results, the existence of a long-term relationship between variables has been revealed. ADF unit root test and EG cointegration tests are also included in the analysis for comparison. After the estimation results of the variables, it is concluded that the increase in money supply increases the foreign exchange reserves in accordance with the theory. [ABSTRACT FROM AUTHOR]

Copyright of International Journal of Economic & Social Research is the property of Abant Izzet Baysal University, Faculty of Economics & Administrative Sciences and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The aim of this study is to investigate the effect of financial development on foreign direct investment in Turkey period from 1985 to 2016. For this purpose, the effect of private credits, M2 money supply and stock trading volume indicators on foreign direct investments net inflows is analyzed by ARDL bound analysis. The results indicate that there is a cointegration between the variables in the long run and it illustrates that there is a negative effect of the stock trading volume and private credits on foreign direct investments. In the short run error correction model, contrary to the long run, the effect of private credits on the increase of foreign direct investments has been determined. In addition, while the coefficient of M2 money supply variable is positive in both short and long run, the coefficient related to this variable is statistically significant only in the short run error correction model. [ABSTRACT FROM AUTHOR]

The aim of this study is to analyze the relationship between consumer loans and some macroeconomic variables between 2006:Q1 and 2018:Q2 quarter periods in Turkey. In this context; consumer loans, inflation, exchange rate, interest and money supply variables were used. Firstly, the stability of variables are analyzed that structural non-breaking unit root test (ADF, PP) and a structural break (Zivot-Andrews) unit root test. Whether or not there is a long-term relationship between the variables was investigated by the Gregory- Hansen structural fracture cointegration test. The direction of causality between the variables was examined with Toda-Yamamato causality test. In Toda-Yamamoto causality test, it is seen that there is a bidirectional causality relationship between interest rate and consumer loans. In addition, the one-way causality relationship from money supply to consumer loans has been determined. [ABSTRACT FROM AUTHOR]

Copyright of Cumhuriyet Üniversitesi Fen-Edebiyat Fakültesi Sosyal Bilimler Dergisi is the property of University of Cumhuriyet, Faculty of Sciences & Arts and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)