Browsing by Keywords "Financial stability"
Now showing items 1-3 of 3
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Intermediation spread, bank supervision, and financial stability
(World Scientific Publishing, 2010)This paper models the effect of bank competition and deposit insurance premiums on the spread between lending and deposit rates. In developing economies, low spreads do not always indicate bank efficiency; they may be the ... -
Monetary policy implications of short-term capital flows in Turkey
(Springer New York LLC, 2018)The advent of global financial crisis in 2008, unleashed volatile short term capital flows to the emerging markets. This has forced many central banks in the developing world to adopt innovative policy measures to address ... -
What to smooth: rate of interest or the foreign exchange? Turkish monetary policy under turbulent times
(De Gruyter, 2014-11-27)This paper studies the new monetary stance of the Central Bank of Republic of Turkey (CBRT) during the Great Recession. We note that characteristics of the post-1997 “great moderation” revealed interest rate smoothing as ...
