Gokay, Mehmet Kerim; Imamoglu, Zumrut; Soybilgen, Baris - Bahçeşehir Üniversitesi Ekonomik ve Toplumsal … - 2012
This paper analyzes whether Turkish firms experienced a credit crunch at the outset of the global crisis. Our hypothesis is that if a credit crunch was experienced in Turkey, firms that are more dependent on external finance for investment and working capital must have been affected more...