Varlık Fiyat Balonları Nasıl Oluşur ve Bunlardan Nasıl Kaçınılır: Japonya’nın Varlık Fiyat Patlaması ve Kayıp On Yıldan Bir Örnek


Özet Görüntüleme: 40 / PDF İndirme: 11

Yazarlar

  • Md Jaynal Abedin Siyaset Bilimi ve Uluslararası İlişkiler Bölümü, İktisat Fakültesi, İstanbul Üniversitesi, İstanbul, Türkiye.

DOI:

https://doi.org/10.65826/CenRaPS.8.1.1.174

Anahtar Kelimeler:

Varlık Fiyat Balonları, Japonya’nın Kayıp On Yılı, Ekonomik Kalkınma

Özet

Varlık balonları, genellikle varlık fiyatlarında içsel değerlerine göre rasyonel temellere dayanmayan belirgin dalgalanmalarla karakterize edilen ekonomik olgulardır. Bu bağlamda, 1986-1991 yılları arasında Japon ekonomisinde gayrimenkul ve hisse senedi piyasalarında yaşanan büyük yükseliş ve ardından gelen çöküş dikkat çekici bir vaka teşkil etmektedir. Bu çalışma, varlık fiyat balonlarının ortaya çıkış mekanizmalarını ve temel özelliklerini analiz etmeyi, bu olguların önlenme potansiyelini araştırmayı ve yol açtığı kapsamlı ekonomik sonuçları incelemeyi amaçlamaktadır. Makalenin temel tezi, varlık fiyat balonlarını öngörmenin ve dolayısıyla önlemenin zorlu bir görev olduğudur. Bu iddiayı temellendirmek için, Japonya’nın on yılı aşkın süren varlık fiyatı patlaması ve müteakip çöküşü ayrıntılı bir vaka çalışması olarak ele alınmaktadır. Çalışmanın ana araştırma sorusu: Varlık fiyat balonlarının oluşum mekanizmaları nelerdir ve bunlar hangi derin sonuçları beraberinde getirir? Bu soruyu yanıtlamak üzere, editör yazıları, akademik makaleler, kitaplar ve uluslararası finans kuruluşlarının raporları dâhil olmak üzere geniş bir birincil ve ikincil kaynak yelpazesinden yararlanılmıştır. Niteliksel ve analitik bir yaklaşımla, vaka çalışması metodolojisi kullanılarak veriler incelenmiştir. Yapılan analizler ve vaka incelemesi, varlık fiyat balonlarını erken aşamada kesin olarak tanımlamanın ne denli zorlu olduğunu göstermektedir. Ayrıca, çalışma, Japonya örneği üzerinden ve küresel diğer uluslara atıfla, bu balonların ekonomik kalkınma ve istikrar üzerindeki ciddi etkilerini vurgulamaktadır.

Anahtar Kelimeler: Varlık Fiyat Balonları, Japonya’nın Kayıp On Yılı, Ekonomik Kalkınma.

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Yayınlanmış

2026-04-02

Nasıl Atıf Yapılır

Abedin, M. J. (2026). Varlık Fiyat Balonları Nasıl Oluşur ve Bunlardan Nasıl Kaçınılır: Japonya’nın Varlık Fiyat Patlaması ve Kayıp On Yıldan Bir Örnek. CenRaPS Journal of Social Sciences, 8(1), 51–69. https://doi.org/10.65826/CenRaPS.8.1.1.174

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