@article{2017,title={Economic Effects of July 15 Coup Attempt In Turkey: Comparing Coup Attempt vs. Coup d’état},abstractNode={In the coup histories of Turkey; its basic character, design, structure and implementation process of July 15 Coup attempts differ fundamentally from the previous 1960s and 1980s coups d’états. The most important difference is that the coup attempt has not changed government hands, unlike the previous coups. Therefore, recent failed coup attempt did not succeed in dragging Turkey into a new economic and political instability. Media and communication tools have made an important contribution to the prevention of the coup attempt as well. In order to analyze the effect of coups and coup attempts on the Turkish economy, both yearly and daily data for econometric analysis is used in this paper. Purpose of this study is to reveal the effect of coups in 1960 and 1980 and to compare the July 15 coup attempt with these coups. The results indicate that the July 15 coup attempt has had little or even short-term negative impact on GDP with annual data econometric analysis. In daily analysis, the short-term (immediate or daily) effect is an increase in the exchange rate and an increase in the stock market. In the long run (6 months), both the exchange rate and the interest rates have raised permanently. Consequently, the effect of the 2016 coup attempt is one tenth of 1960 coup, and one fifth of 1980 coup.},author={Levent AYDIN-- Dilek ÇETIN},year={2017},journal={Journal of Turkish Studies}}