Search

Your search keyword '"DEBT INSTRUMENTS"' showing total 3 results
Start Over Descriptor "DEBT INSTRUMENTS" Language turkish
3 results on '"DEBT INSTRUMENTS"'

1. HALKA AÇIK ANONİM ŞİRKETLERDE BORÇLANMA ARACI SAHİPLERİ KURULU VE KOLEKTİF TEMSİL.

Author

KÜÇÜKGÜNGÖR, M. Aslı

Subjects
CAPITAL market, COLLECTIVE representation, BONDHOLDERS, COLLECTIVE action, AMERICAN law, SHAREHOLDER activism, TRUST Indenture Act of 1939
Abstract

Copyright of Hacettepe Law Review is the property of Hacettepe Law Review 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.)

Published
2022
Full Text
View/download PDF

2. KAMU BORÇLANMASI, GERÇEKLEŞME BİÇİMİ VE MAKRO EKONOMİK ETKİLERİ (TEORİK BİR YAKLAŞIM, TÜRKİYE ÖRNEĞİ.

Author

Çataloluk, Cuma

Subjects
*PUBLIC debts, *MACROECONOMICS, *PUBLIC spending, *PUBLIC sector, *FISCAL policy
Abstract

Basic of research : In Turkey, the public debt was introduced at the end of the sixties. This study scrutinizes the experience of the Turkey. In the first step, the paper explores the potential normative and political-economic driving forces of public debt and its instruments projections. The following part evaluates forecasting with regard to public expenditures and deficits. The paper is organized as follows: In the next section the theoretical framework of the public debt. In section 3 are presented variety of the state debts and in section 4 managing of them. Aim of research: . The paper attempts to estimate the debt sustainability and publib debt instruments in Turkey.. Next, we discuss the public debt policy and its impact on the macro economy. Source of data: Turkey's debt has sharply increased from early 1980s. Fiscal policy plays a crucial role for a country in achieving its economic and social objectives through the use of government's resources. On the other hand it is constrained by the need to finance the corresponding deficit. Main discussion Public debt has a long history in many countries. Since long time many economic explanations of public debt have been offered. Recently, political-economic explanations have gained more and more interest. Recent concerns over the government deficit have raised the issue of debt sustainability, whether or not a government can continue to operate under its current fiscal policy indefinitely. Result Final section concludes analysing of the public debt, size of public sector. and fiscal sustainability. The general result is that the" crowding out" can occur when the state debt raises. The state debt crise can cause fiscal unsustainability and safeness of the land. Debt policy aims at protecting public budget deficit. In this study tested Wagner rule. In the end of the research are assessed the debt policy, debt instruments and their effects on the macro economic. [ABSTRACT FROM AUTHOR]

Published
2009

3. Capital market economic relations with indicator debt instruments bring: Application on Turkey (2010-2016)

Author

Aykut, Gökhan, Attila, İclal, and Sermaye Piyasası ve Borsa Anabilim Dalı

Subjects
Turkey, Statistical methods, Economics, Turkish capital market, Economic indicators, Çoklu doğrusal regresyon analizi, Capital market, Borçlanma araçları, Ekonomik göstergeler, Debt, Borsa, Türkiye, Multi, Economic conditions, Unit root test, Debt instruments, Borrowing, Borç, Unit root tests, Ekonomi, Multiple linear regression, Sermaye piyasası, Stock market, Debts, Public, İstatiksel metodlar, Ekonomik durum, Özel sektör, Macroeconomic indicators, Capital markets instruments, Granger causality test, Istanbul, Makroekonomik göstergeler, Granger Causality Test, linear regression analysis, Borçlar, Kamu, Granger nedensellik testi, Macroeconomic factors, İstanbul, Informal sector, Birim kök testi
Abstract

Borçlanma aracı enstrümanları, sermaye piyasalarında kamu ve özel sektörün ihtiyacı olan fonun oluşturulması noktasında ciddi bir yer tutmakta ve tasarruf sahiplerinin tasarruflarını değerlendirebilmeleri açısından finansal sistemin önemli bir parçasını oluşturmaktadır. Türkiye'de borçlanma ürünlerini bir piyasa içerisinde değerlendirdiğimizde organize piyasalarda pay senedi piyasasından sonra en fazla işlem hacmine sahip piyasa konumundadır.Bu çalışma Borsa İstanbul içerisinde yer borçlanma aracı enstrümanı getirilerinin makroekonomik göstergelerle ilişkisinin araştırılmasına yöneliktir.Genel itibariyle 2010:1 - 2016:12 arasını kapsayan araştırmada bağımsız değişkenler olarak tüketici fiyat endeksi, üretici fiyat endeksi, çekirdek enflasyon, işsizlik oranı, mevsimsellikten arındırılmış işsizlik oranı, tüketici güven endeksi, m1 para arzı, m2 para arzı, ham petrol fiyatı, brent petrol fiyatı, usd/try paritesi, eur/try paritesi, gram altın fiyatı ve ons altın fiyatı kullanılırken, bağımlı değişken olarak 2 yıllık devlet tahvili, 10 yıllık devlet tahvili, hazine bonosu, banka bonosu, özel sektör tahvili, devlet kira sertifikası ve euro tahvil getirileri kullanılmıştır.Çalışmada öncelikle Çoklu Doğrusal Regresyon Analizi ile bağımlı ve bağımsız değişkenler arasındaki ilişkiye bakılmıştır. ADF testiyle değişkenlerin birim kök sınamaları yapılmıştır. Son olarak, değişkenler arasındaki nedensellik ilişkisini belirlemek için Granger Nedensellik Testi uygulanmıştır.Çalışmanın sonuçlarına göre, bağımlı değişkenlerin getirileri üzerinde bağımsız değişkenlerden üretici fiyat endeksi, çekirdek enflasyon, tüketici güven endeksi, eur/tr paritesi, işsizlik oranı, mevsimsellikten arındırılmış işsizlik oranı, ham petrol ve brent petrol fiyatlarının etkili olduğu neticesine varılmıştır. Ayrıca 2 yıllık devlet tahvili, 10 yıllık devlet tahvili ve hazine bonosundan tüketici güven endeksine, özel sektör tahvilinden üretici fiyat endeksine ve son olarak banka bonosundan çekirdek enflasyona doğru tek yönlü nedensellik ilişkisi bulunmuştur. Borrowing have a instruments place in the creation signifant the fund needed by the public and private sector in capital markets and constitute an important part of the financial system in terms of enabling savings owners to assess their savings. After the share of organized market in debt securities market we evaluate the product in a market in Turkey is the market position of having the highest transaction volume.This study is aimed to investigate the relationship between the instruments of borrowing instrument instruments in the Istanbul Stock Exchange and macroeconomic indicators.In general, the survey covering 2010 , 2016 consumer price index, producer price index, core inflation, unemployment rate, seasonally adjusted unemployment rate, consumer confidence index, m1 money supply, m2 money supply, crude oil price, brent oil price, usd / try parity, eur / try parity, gram gold price and ounce gold price are used as dependent variables, 2 year government bonds, 10 year government bonds, treasury bills, bank bonds, private sector bonds, euro bonds are used.Firstly the study, relation between dependent and independent variables is examined by Multiple Linear Regression Analysis. Unit root tests of the variables were made by ADF test. Finally, the Granger Causality Test was applied to determine the causality relationship between variables.According to the results of the study, it is concluded that the producer price index, core inflation, consumer confidence index, EUR / tr parity, unemployment rate, seasonally adjusted unemployment rate, crude oil and brent oil prices are influential on the returns of dependent variables. There is also a one-way causality relationship from 2-year government bonds, 10-year government bonds and treasury bonuses to consumer confidence index, private sector bonds to producer price index and finally bank bonus to core inflation. 119

Published
2018

Catalog

Books, media, physical & digital resources
See catalog results