Browsing by Keywords "Central bank"
Now showing items 1-8 of 8
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The choice of monetary policy tool(s) and relative price variability: evidence from Turkey
(A N S I Network, 2009)The aim of this study is to assess any regularity relative price dispersion for the effect of monetary policy tool selection. Central banks use tools such as interbank rate and exchange rate when pursuing their (monetary) ... -
The dynamics of a newly floating exchange rate: the Turkish case
(Routledge, 2006)In recent years, many emerging market economies have switched or are in the process of switching to a floating exchange rate regime. Most of these economies have a history of high inflation and a high level of foreign ... -
The effectiveness of foreign exchange interventions under a floating exchange rate regime for the Turkish economy: a post-crisis period analysis
(Routledge, 2006)The reported study has two purposes: first, it attempts to improve the literature on foreign exchange interventions of the central banks for the emerging market economies, an area not previously studied in detail. The ... -
Effectiveness of the reserve option mechanism as a macroeconomic prudential tool: evidence from Turkey
(Routledge, 2015)This article assesses the effectiveness of a novel macroprudential tool – the reserve option mechanism (ROM) – which Turkey’s central bank developed during the post-2008 period and has employed to control the risk associated ... -
The implicit reaction function of the Central Bank of the Republic of Turkey
(Routledge, 2000)Reviewing the implicit reaction function estimation under different specifications, it appears that the Central Bank of the Republic of Turkey (CBRT) responds to the lagged inflation rate rather than the forward one, M2Y ... -
Introduction
(Palgrave Macmillan, London, 2015)Currency flows have always been a leading policy concern, especially in emerging markets. The long Japanese slump, the ensuing very low interest rates in Japan that have lasted 20 years, and the carry trades this fostered ... -
Monetary policy rules in practice: evidence from Turkey
(John Wiley & Sons Ltd., 2004)This paper estimates a forward-looking monetary policy reaction function of the Central Bank of the Republic of Turkey by considering the period from 1990:01 to 2000:10. When the spread between the interbank rate and ... -
The policy challenge with floating exchange rates: Turkey's recent experience
(Springer New York LLC, 2005)This paper evaluates the developments in the Turkish economy in light of the Central Bank of Turkey's (CBT) policies during a recent period of floating exchange rate system (March 2001-July 2003). It is found that the CBT ...
