The effect of short term mobilization of capital on macro economic parameters; Turkey sample

In this study, short-term capital flows in the period from 1991Q1-2012Q4, the national macroeconomic variables, exchange rate, interest rate, inflation rate, and the interaction between the national income has been analyzed. ARDL bounds test was used for this analysis. As a result of this test model of short-term capital flows as the dependent variable was statistically significant. Also the real exchange rate and the inflation rate towards both long and short-term capital flows were found to be statistically significant in the short term. Key Words: Financial release, Foreign capital, Economic grow