Celik, OrkunErer, Elif2019-10-272019-10-2720181303-099X1303-099Xhttps://doi.org/10.21121/eab.2018237356https://hdl.handle.net/11454/31143The aim of this study is to examine the relation between the funds obtained by the private pension system, which has been implemented since 2003 in Turkey for the period of 2004:012016:02, and the current account deficit. While examining realtionship of between in the short run and long run, Gregory-Hansen Cointegration test with structural breaks, the FMOLS and CCR models and the Toda-Yamamoto causality test were used. Recording to results of the analysis, it was found that there was a negative relationship between the private pension funds and the current account deficit in the long run but there was no statistically significant relationship in the short term. In additon, error correction mechanism operates and the short run shocks disappear after a year.tr10.21121/eab.2018237356info:eu-repo/semantics/closedAccessCurrent Account DeficitPrivate PensionSavingInvestmentArticle182289305WOS:000440971700009N/A