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Turkish monetary policy and components of aggregate demand: a VAR analysis with sign restrictions model
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 ...
Inflation targeting, employment creation and economic development: assessing the impacts and policy alternatives
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 ...
Asymmetric effects of monetary policy shocks on economic performance: empirical evidence from Turkey
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. ...
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 ...