A Comparison of Financial Robustness in the United States and Turkey During 2007–2010

Paul Bennett and Oral Erdoğan

A chapter in The Impact of the Global Financial Crisis on Emerging Financial Markets, 2011, pp 719-732 from Emerald Group Publishing Limited

Abstract: This study aims to explain that more conservative and supervised but supported banking system can be an advantage during the crises periods. We use the US banking system as the origin of the recent collapse, and the Turkish banking as the more profitable one during the recent crisis years. We have found evidence that, in the context of the specific type of externally initiated yet spreading crisis of confidence and funding that affected world institutions, the structure of the Turkish banks actually turned out to protect the Turkish financial system.

Keywords: Monetary policy; bank capital; financial crisis; United States; Turkey (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (text/html)
https://www.emerald.com/insight/content/doi/10.110 ... 3759(2011)0000093027
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (application/pdf)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eme:csefzz:s1569-3759(2011)0000093027

DOI: 10.1108/S1569-3759(2011)0000093027

Access Statistics for this chapter

More chapters in Contemporary Studies in Economic and Financial Analysis from Emerald Group Publishing Limited
Bibliographic data for series maintained by Emerald Support ().