Results 291 to 300 of about 1,034,383 (335)

The financial leverage–financial performance relationship in the emerging market of Turkey: the role of financial distress risk and currency crisis

EuroMed Journal of Business, 2021
PurposeThe purpose of this article is to examine how financial distress risk and currency crisis affect the relationship between financial leverage and financial performance.Design/methodology/approachThis study uses data of 200 firms listed on Istanbul ...
Ismail Kalash
semanticscholar   +1 more source

Investing in gold or REIT index in Turkey: evidence from global financial crisis, 2018 Turkish currency crisis and COVID-19 crisis

, 2020
Purpose Under the current Coronavirus Disease 2019 (COVID-19) pandemic circumstances where the gold prices are increasing and the stocks are in free fall, this research aims to compare the returns of gold prices and Turkish real estate investment trust ...
Levent Sumer, B. Ozorhon
semanticscholar   +1 more source

Currency, Credit and Crisis

, 2019
The global financial crisis in 2008 brought central banking to the centre stage, prompting questions about the role of national central banks and - in Europe - of the multi-country European Central Bank.
P. Honohan
semanticscholar   +1 more source

Drawing the line: the politics of federal currency swaps in the global financial crisis

Review of International Political Economy, 2019
Injecting over two trillion dollars into the international economy, the Federal Reserve effectively operated as an international lender of last resort during the 2008 financial crisis.
Aditi Sahasrabuddhe
semanticscholar   +1 more source

The Effects of Productivity Shocks, Financial Shocks, and Monetary Policy on Exchange Rates: An Application of the Currency Crisis Model and Implications for Emerging Market Crises

, 2017
What kind of shock affects exchange rate dynamics? How much of an effect does the monetary policy have on exchange rates? To answer these questions empirically based on the currency crisis model, I use panel data on 51 emerging countries from 1980 to ...
Ryota Nakatani
semanticscholar   +1 more source

The Re‐making of the Turkish Crisis

, 2021
By the end of 2018 Turkey had entered a new economic crisis and a lengthy recession period In contrast to the previous financial crises of 1994, 2001 and 2009, when the economy shrank abruptly with a spectacular collapse of asset values and a severe ...
Özgür Orhangazi, A. Yeldan
semanticscholar   +1 more source

Policy Measures to Avoid a Currency Crisis [PDF]

open access: possibleThe Economic Journal, 1995
This paper considers a number of policy measures that may be used to preserve a fixed exchange rate. These are analyzed in a model where a switch of exchange-rate regime is triggered by an optimizing policymaker in response to extreme economic conditions. It is shown how a number of policy measures can be used to alter the balance between the costs and
Ozkan, F Gulcin, Sutherland, Alan
openaire   +1 more source

The 1994 Currency Crisis in Turkey [PDF]

open access: possible, 1999
As a result of Turkey's currency crisis in 1994, output fell 6 percent, inflation rose to three-digit levels, the Central Bank lost half of its reserves, and the exchange rate (against the US dollar) depreciated by more than half in the first three months of the year.
openaire   +2 more sources

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