Dincer, N. Nergiz; Yasar, Pinar - In: The International Trade Journal 29 (2015) 1, pp. 63-87
Turkey is a developing, small, open economy with a volatile growth pattern. One of the major problems of its economy is the current account deficit (CAD) problem. Analyzing the current account deficit, one faces more than one transmission channel: (i) credit growth would increase GDP growth and...