Now showing items 1-4 of 4
Investigation on sources of growth for Turkey
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 ...
Monetary transmission mechanism in Turkey under the monetary conditions index: an alternative policy rule
This study analyses monetary transmission mechanism in Turkey using a small structural macroeconomic model. The core equations of the model consist of aggregate demand, wage-price setting, uncovered interest rate parity, ...
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 ...