Özet:

In this study, the VAR model was used to analyze the relationship between profit share payment payments made by participation banks to participation accounts and interest rates applied to deposits by conventional banks. First, the stability of the variables was analyzed, and then the Johansen Cointegration Test was performed to see if there was a cointegration relationship between the variables. Then, the Granger Causality Test was conducted to investigate the causality relationship between interest rates and profit share rate and Impulse Response Analysis and variance decomposition were applied in order to investigate what kind of effect the shocks in the variables have on the other variables. With Granger Causality Test, it was determined that the interest variable is the profit share variable and the results of the Impulse response and variance decomposition analyses are also in line with the results of the Granger causality test.

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