Ayaydin, Hasan; Barut, Abdulkadir; Pilatin, Abdulmuttalip

The purpose of this study is to empirically examine the impact of intellectual capital (VAIC) capacity of 21 Turkish banks on financial performance (ROA) and non-performing loans (NPL) from 2004 to 2020. Panel data technique was used for analysis. The study results suggest that banks’ intellectual capital is vital for their profitability, credit risk and competitive advantage. As far as known, this is one of the first empirical researches in Turkey that examines the impact of IC and its components on financial performance and non-performing loans of the Turkish banking sector in the long term.

Doğru, Bülent

The purpose of this study is to analyze the relationship inflation and inflation uncertainty of Turkey for four different monetary policy regimes using EGARCH and Granger causality methods over 1990: 1-2012: 12. In this study, the monthly logarithmic difference of the Consumer Price Index (CPI) used. The econometric findings suggest that the hyothesis that high inflation reduces inflation uncertainty is strongly supported both for short and long- term in Turkey for the time period 1990 and 2012. Furthermore, in Turkey for each monetary policy regimes in the short-term inflation uncertainty plays a role in increasing inflation in Turkey.