Akademik Veri Yönetim Sistemi
Tezin Türü: Yüksek Lisans
Tezin Yürütüldüğü Kurum: Orta Doğu Teknik Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, İktisat Bölümü, Türkiye
Tezin Onay Tarihi: 2010
Tezin Dili: İngilizce
Öğrenci: Pelin Özbek
Danışman: ESMA GAYGISIZ LAJUNEN
Özet:In this thesis, effects of economic crises after 1990 on the Turkish insurance sector are analyzed with special emphasis on 1994, 2001 and 2008 crises. In the first step, EGARCH model is used to measure the exchange rate uncertainty. Then, a time series model for the aggregate analysis and a panel data model for the disaggregate analysis which both include the estimated exchange rate uncertainty together with other macroeconomic and firm specific variables are set up. The results indicate that aggregate and disaggregate analyses suggest different variables in explaining the premium production which is used as a proxy for the performance of the insurance sector. Nevertheless, the common conclusion was that the growth of premium production decelerates during the crisis periods at a varying degree depending on the year of crisis. 2001 crisis is found to be the crisis which has the most detrimental impact on the Turkish insurance sector. On the other hand, effects of the 2008 crisis are found to be relatively limited.