Monetary Policy and External Shocks in a Dollarized Economy with Credit Market Imperfections

This paper analyses the transmission of monetary and external shocks in a dollarized economy by making use of a small, static analytical model, which dwells on Agénor and Montiel (2006, 2007). The focus is particularly on the implications of endogenous country risk premium on the transmission of shocks. Endogenous risk premium arises from the imperfect information in international capital markets. As is the case for literature on credit market imperfections, net worth of the banks intermediating between the domestic investors and international capital markets, is the main determinant of countrys risk premium. Fluctuations in the exchange rate affect the net worth of the banks and so the cost of foreign resources which is, in turn, reflected into domestic lending rates. We show that the conventional effects of monetary and external shocks might be reversed in such a setting.Credit market imperfections, Interest rates, Risk premium, Dollarization, Capital flows

A Case Report: a Mother With Secondary Infertility

DergiPark: 481902tmsjAims: Secondary infertility is a disease where women with a firstborn are not able to have a child again. In this casereport, we wanted to observe a whole process of a patient with secondary infertility and investigate the causes andwhether there are any solutions for it.Case Report:A 41-year-old female patient presented to the clinic with the complaint of not being able to get pregnant.First thoughts about the patient were focused on infertility however, she had a child before. Therefore, furtherinvestigations were needed. After the investigations, she was diagnosed with secondary infertility because no rationalreasons were able to clarify her disease.Conclusion: Nowadays, secondary infertility is still a major health problem and no medications or treatments areenough to resolve this problem. The most common theory is the H-Y antigen hypothesis, but still, there is not enoughevidence for this theory to be proven

Reserve requirements, liquidity risk, and bank lending behavior

Although reserve requirements have been used in emerging markets to smooth credit cycles, the exact transmission mechanism remains to be explored. Using bank level data, this study looks inside the black-box to unveil the interaction of reserve requirement policy with bank lending. We identify a new channel that works through a decline in bank liquidity and loan supply due to an increase in reserve requirements. We show that "quantitative tightening" through reserve requirements affect the funding needs and the liquidity position of the banking system. The consequent changes in bank liquidity have a significant impact on the bank lending behavior

Reserve Requirements, Liquidity Risk, and Credit Growth

Many central banks in emerging economies have used reserve requirements (RR) to alleviate the trade-off between financial stability and price stability in recent years. Notwithstanding their widespread use, transmission channels of RR have remained largely as a black-box. In this paper, we use bank-level data to explore the interaction between RR and bank lending behavior. Our empirical findings suggest that short-term borrowing from the central bank is not a close substitute for deposits for banks. Bank lending behavior responds significantly to reserve requirements and liquidity positions. Our analysis allows us to identify a new channel that we name as the "liquidity channel". The channel works through a decline in bank liquidity and loan supply due to an increase in reserve requirements

OTLATILAN VE KORUNAN MERA KESİMLERİNDE BAKI FAKTÖRÜNÜN TOPRAKÜSTÜ BİOMAS MİKTARI ÜZERİNE ETKİLERİ

Isparta ili Kayı köyü yaylası merasında 2005–2006 yıllarında iki yıl süre ile yürütülen bu araştırmada topraküstü biomas ölçümleri yapılmıştır. Ölçümler iki yıl süresince haziran ve eylül aylarında, otlatılan ve korunan mera kesimlerinde, 4 farklı bakıda gerçekleştirilmiş ve kuadrat yöntemi kullanılmıştır. Ölçümler sonucunda meranın topraküstü biomas değeri ortalaması 151.8 kg/da olarak belirlenmiştir. En yüksek topraküstü biomas miktarı kuzey bakıda, en düşük ise güney bakıda tespit edilmiştir. Kullanım durumu, mevsimler ve bakılar arasında istatistiki olarak önemli fark tespit edilirken, ölçümlerin yapıldığı yıllar arasında önemli bir fark saptanamamıştır. Anahtar Kelimeler: Mera, Topraküstü Biomas, Otlatma, Bakı

Primary Solitary Tuberculosis of the Liver

Primary solitary tuberculous involvement of the liver is a rare condition. We present the case of a patient who was operated on with a preoperative diagnosis of hepatocellular carcinoma. Liver resection was performed and antituberculous therapy was started. It is difficult to make the correct diagnosis preoperatively except when a successful needle biopsy can be performed. Despite the rarity of the condition primary solitary tuberculosis should be considered among the space occupying lesions of the liver

Head and Neck Tuberculosis in Southeastern Region in Turkey, Near the Syrian Border

Objective: The study was conducted to evaluate profiles, demographical data, diagnostic, clinical and treatment approaches in relation to the cases of diagnosed head and neck tuberculosis after the start of the Syrian civil war in 2011. The aim of the study is to share current knowledge on head and neck tuberculosis and to investigate whether there is an epidemiological change with the admission of immigrants after the start of the Syrian civil war. Methods: Demographic data, contact history, relapse, localization, tuberculin test, BCG vaccination and treatment duration are evaluated variables. Two groups were created. The first group was diagnosed with head and neck tuberculosis between 2006 and 2011 before the outbreak of the Syrian civil war, and the second group was diagnosed between 2012 and 2017 after the war in Syria caused hundreds of thousands of Syrian citizens to flee their homes and cross the border into Turkey. Results: Head and neck tuberculosis cases tend to increase after the year of 2012. The number of diagnosed non-Turkish citizens expand after the year of 2012 and reach the highest number in 2017. BCG vaccination status and contact history were found to be the only variables that display statistical significance between the groups. Conclusions: The number of head and neck tuberculosis cases increased after the Syrian war began due to insufficient rates of vaccination among the Syrian population and this population’s overcrowded living environment in Turkey. The burden of these crises affects a region rather than the whole country

Evaluating the Prevalence of Depression, Sleep Quality and Social Phobia Among Trakya University Hospital Residents

DergiPark: 379051tmsjAims: The purpose of this study is to determine and evaluate the depression, sleep quality and social anxiety levels among medical residents at Trakya University Hospital.Methods: This questionnaire study was conducted among 105 voluntary medical residents at Trakya University Hospital. Beck Depression Inventory, Pitssburgh Sleep Quality Index and Liebowitz Social Anxiety Scale was used to assess depression, sleep quality and social phobia. As for statistical analyses, chi-square, Kruskal Wallis and Mann Whitney Tests were used for analyzing categorical and continuous data.Results: It was found out that 39% of them had depressive symptoms ranging from “mild depressive” to “very severe depressive”, when 14.3% had poor sleep quality and 87.6% had social anxiety symptoms ranging from “moderate social anxiety” to “very severe social anxiety”. Beck Depression Score for surgical residents was significantly higher than basic sciences residents, when female residents had a significantly higher score for social anxiety in comparison with male residents.Conclusion: The prevalence of depression, poor sleep quality and social anxiety among residents was found to be higher than expected which might be due to stress, heavy workload and lifestyle of physician

ISPARTA-DARIDERESİ HAVZASI TOPRAKLARINDA EROZYONA DUYARLILIĞIN ARAZİ KULLANIM ŞEKİLLERİNE BAĞLI DEĞİŞİMİ

Bu çalışma Antalya havzasının Isparta sınırları içerisinde yer alan Darıderesi havzasında yürütülmüştür. Havza alanının çıkışında sulama amaçlı bir baraj yapımı devam etmektedir. Bu nedenle, havzanın erozyon sorunları bakımından değerlendirilmesi zorunluluk halini almıştır. Bu gereksinimden hareketle planlanan çalışmada, Darıderesi havzasındaki toprakların erozyona karşı gösterdiği direncin, bazı erozyona duyarlılık indeksleri kullanılarak, arazi kullanım durumuna bağlı değişimleri karşılaştırılmıştır. Elde edilen veriler, araştırma alanı topraklarının erozyona duyarlılığının orman topraklarında daha az olduğunu ancak bu oranların sabit değerleri aştığını göstermektedir. Sonuç olarak, araştırma alanı toprakları erozyona duyarlıdır. Bu durum, baraj rezervuarının sediment taşınımı tehlikesi altında olduğunu göstermektedir. Bu nedenle, havzadaki orman alanları korunmalı ve havzada hidrolojik boyutlu planlar yapılmalı ve uygulanmalıdır. Anahtar Kelimeler: Darıderesi Havzası, Erodibilite İndeksleri, Arazi Kullanım Şekiller

Successful Treatment of Enterocutaneous Fistula in a Hemodialysis Patient with Somatostatin

Although cysticercosis is the most common parasitic disease affecting the central nervous system, spinal cysticercosis is rare. A rare form of spinal cysticercosis involving the whole spinal canal is presented. A 45-year-old Korean male had a history of intracranial cysticercosis and showed progressive paraparesis. Spinal magnetic resonance scan showed multiple cysts compressing the spinal cord from C1 to L1. Three different levels (C1-2, T1-3, and T11-L1) required operation. Histopathological examination confirmed cysticercosis. The patient improved markedly after surgery