Kaplan, Cafer; Ozmen, Erdal; Yalcin, Cihan - Türkiye Cumhuriyet Merkez Bankası - 2006
This paper investigates the determinants and financial crowding out consequences of nonfinancial firms’ holdings of financial assets (FA) including government bonds and securities (GS) in Turkey using the firm level data compiled by the Central Bank of the Republic of Turkey over the 1990-2004...