DefinePK

DefinePK hosts the largest index of Pakistani journals, research articles, news headlines, and videos. It also offers chapter-level book search.

Select Collection

Explaining Financial Crises in Emerging Markets: A logit model on the Turkish data (1984-2001)

Article Information

Get PDF View Article
Login to Add in Library

Title: Explaining Financial Crises in Emerging Markets: A logit model on the Turkish data (1984-2001)

Authors: Mete Feridun

Journal: Lahore Journal of Economics

HEC Recognition History
Category From To
Y 2024-10-01 2025-12-31
Y 2023-07-01 2024-09-30
Y 2022-07-01 2023-06-30
Y 2021-07-01 2022-06-30
Y 2020-07-01 2021-06-30
Y 1900-01-01 2005-06-30

Publisher: Lahore School of Economics, Lahore

Country: Pakistan

Year: 2005

Volume: 10

Issue: 1

Language: English

DOI: 10.35536/lje.2005.v10.i1.a3

Categories
Financial Crises (11) Logit Models (1) Turkey (95) Econometrics (4472) Emerging Markets (138)

Abstract

This article aims at explaining the financial crises Turkey experienced in the last decade through a random effects logit model which incorporates 26 macroeconomic, political, and financial sector variables. Evidence emerges that the only significant variables are current account/GDP, fiscal balance/GDP, GDP per capita, national savings growth, foreign exchange reserves, terms of trade, stock prices, and import growth. Results indicate that all variables have expected signs with the exception of import growth.

Paper summary is not available for this article yet.

Loading PDF...

Loading Statistics...