ON THE CAUSAL RELATIONSHIP BETWEEN DEPOSIT RATES IN CONVENTIONAL BANKS AND PROFIT-SHARING RATES IN ISLAMIC BANKS IN TURKEY
Öz
This paper empirically investigates whether profit-sharing rates in Islamic banks follow rates of the conventional banks in Turkey over the sample period March 2001 to June 2019 through employing both standard econometric and wavelet approaches. We identify both unidirectional and bidirectional causality between the monthly observations at different time scales. Moreover, the direction of the relationship considerably varies and displays coefficient sign reversal over wavelet scales. Overall, our findings suggest that the rates of return in both banking sectors are not independent of each other and, therefore, have important implications regarding financial stability and risk management.
Anahtar Kelimeler
Wavelets, Islamic Finance, Profit-sharing, Conventional Banks, Causality.
Tam Metin:
PDFİndekslendiği Kaynaklar
- EconLit, 2007-
- Türkiye Makaleler Bibliyografyası, 2000-2013.
- DOAJ (Directory of Open Access Journals), 2000-
- TÜBİTAK-ULAKBİM Sosyal ve Beşeri Bilimler Veri Tabanı, 2002-
- Open Academic Journals Index (OAJI), 2000-
- ASOS (Sosyal Bilimler İndeksi), 2006-
Listeleyen Diğer Kaynaklar ve Servisler
- EBSCO Academic Search Complete, 2010-
- OpenAIRE, 2000-
- Açık Arşiv Girişimleri, 2000-
- BASE, 2000-
- Global eJournal Library (J-Gate), 2000-
- Doğuş Üniversitesi Makale Veri Tabanı, 2000-
- Doğuş Üniversitesi Akademik Arşiv Sistemi, 2000-
Lisans

Doğuş Üniversitesi Dergisi'nin içeriği Creative Commons Atıf-Gayriticari 4.0 Uluslararası Lisansı ile lisanslanmıştır.
İletişim:
Doğuş Üniversitesi DergisiBahçelievler, Bosna Blv No: 140, 34680 Üsküdar/İstanbul
E-posta: journal@dogus.edu.tr