Browsing by Keywords "Macroeconomics"
Now showing items 1-14 of 14
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Asymmetric effects of monetary policy shocks on economic performance: empirical evidence from Turkey
(Routledge, 2016)This study investigates the asymmetric effects of monetary policy shocks on the macroeconomic variables of exchange rate, output and inflation for an emerging economy ‒ Turkey ‒ by using monthly data between 1990 and 2014. ... -
Determinants of private savings behaviour in Turkey
(Routledge, 2003)This study investigates the effects on private saving rates of a number of policy and non-policy variables. The analysis covers the period 1968-1994. The empirical private saving model for Turkey is estimated. The findings ... -
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 effects of capital inflows on Turkish macroeconomic performance
(Springer/Kluwer Academic Publishers, 2015)Capital inflows are important factor affecting macroeconomic performance, such as the real exchange rate, interest rates, output, and price level. However, the components of capital inflows are also important. Capital ... -
Foreign banks, financial crises and macroeconomic fluctuations
(Blackwell Publishing Ltd, 2016)Understanding the implications of increased foreign bank presence is especially compelling in periods of financial crisis. In this paper, we explore this issue by examining the relationship between the involvement of foreign ... -
Inflation targeting, employment creation and economic development: assessing the impacts and policy alternatives
(Routledge, 2008)Inflation targeting (IT) has recently become the dominant monetary policy prescription for both developing and industrialized countries alike. Emerging market governments, in particular, are increasingly pressured to follow ... -
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 ... -
Investigation on sources of growth for Turkey
(Routledge, 2006)This paper evaluates the correlations between growth and selected macroeconomic indicators in, Turkey under the dynamic macroeconomic adjustments as a globalizing developing economy during 1968-1998. In this context, a ... -
Macroeconomic derivatives: an initial analysis of market-based macro forecasts, uncertainty, and risk
(The University of Chicago Press, 2005)In September 2002, a new market in "Economic Derivatives" was launched allowing traders to take positions on future values of several macroeconomic data releases. We provide an initial analysis of the prices of these ... -
Macroeconomics of twin-targeting in Turkey: analytics of a financial computable general equilibrium model
(Routledge, 2008)The paper provides an overview of the post-1998 Turkish economy and constructs a macroeconomic computable general equilibrium (CGE) model to illustrate the real and financial sectoral adjustments of the Turkish economy ... -
On the macroeconomic impact of the August 1999 earthquake in Turkey: a first assessment
(Routledge, 2001)The devastating earthquake that struck the most densely populated and industrialized area of Turkey on 17 August, 1999 was one of the most damaging natural disasters during this century. This paper is a first attempt to ... -
The role of macroeconomic instability in public and private capital accumulation and growth: the case of Turkey 1963-1999
(Routledge, 2005)This study investigates the empirical relationship(s) between macroeconomic instability, public and private capital accumulation and growth in Turkey over the period 1963-1999. Time series econometric techniques, such as ... -
Total factor productivity and macroeconomic instability
(Routledge, 2011)Total factor productivity (TFP) is an important component of growth for most countries. This article assesses the role of macroeconomic instability on TFP growth. We consider volatility in inflation, openness of an economy ... -
Turkish monetary policy and components of aggregate demand: a VAR analysis with sign restrictions model
(Routledge, 2012)This article estimates the effects of monetary policy on components of aggregate demand using quarterly data on Turkish economy from 1987-2008 by means of structural Vector Autoregression (VAR) methodology. This study ...
