Gulbahar Boyacı Ucler | Ahi Evran University (original) (raw)
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Papers by Gulbahar Boyacı Ucler
International Journal of Economics and Financial Issues, Nov 21, 2014
This study aims to review how the Eurozone has been formed and to analyze how it has been formed ... more This study aims to review how the Eurozone has been formed and to analyze how it has been formed on weak roots, both in public finance and politics. Contrary to economical ideas, political grounds tested the endeavor of creating a powerful the monetary union. Hence, it was very clean to predict upcoming the debt crisis. According to those assumptions known, pre-crisis problems of the countries has been reviewed. Latter, the crisis' permanency has been tested via PANKPSS if it's permanent or not? Mainstream acknowledgement on the literature agrees on the crisis is permanent and might lead to dire consequences. Nevertheless, nexus between those countries which has been forged by political bounds cannot be broken by that crisis; thus, the Eurozone might not be break down.
A very fast credit growth that is denominated as a credit boom not only contributes to financial ... more A very fast credit growth that is denominated as a credit boom not only contributes to financial
and economic growth, but also can have negative effects on the current account balance and
can increase the probability of a financial crisis stemming from the current account deficit. This
study aims to investigate whether domestic credits affect the current account balance. For this purpose,
the panel data set of 15 OECD countries was used for the period 1986–2010. The results
obtained from the panel ARDL analysis prove that domestic credits have a negative impact on the
current account balance, as was expected.
International Journal of Economics and Financial Issues, Nov 21, 2014
This study aims to review how the Eurozone has been formed and to analyze how it has been formed ... more This study aims to review how the Eurozone has been formed and to analyze how it has been formed on weak roots, both in public finance and politics. Contrary to economical ideas, political grounds tested the endeavor of creating a powerful the monetary union. Hence, it was very clean to predict upcoming the debt crisis. According to those assumptions known, pre-crisis problems of the countries has been reviewed. Latter, the crisis' permanency has been tested via PANKPSS if it's permanent or not? Mainstream acknowledgement on the literature agrees on the crisis is permanent and might lead to dire consequences. Nevertheless, nexus between those countries which has been forged by political bounds cannot be broken by that crisis; thus, the Eurozone might not be break down.
A very fast credit growth that is denominated as a credit boom not only contributes to financial ... more A very fast credit growth that is denominated as a credit boom not only contributes to financial
and economic growth, but also can have negative effects on the current account balance and
can increase the probability of a financial crisis stemming from the current account deficit. This
study aims to investigate whether domestic credits affect the current account balance. For this purpose,
the panel data set of 15 OECD countries was used for the period 1986–2010. The results
obtained from the panel ARDL analysis prove that domestic credits have a negative impact on the
current account balance, as was expected.