The choice of monetary policy tool(s) and relative price variability: evidence from Turkey

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buir.contributor.authorBerument, Hakan
dc.citation.epage2246en_US
dc.citation.issueNumber12en_US
dc.citation.spage2238en_US
dc.citation.volumeNumber9en_US
dc.contributor.authorBerument, Hakanen_US
dc.contributor.authorSahin, A.en_US
dc.contributor.authorSaracoglu, B.en_US
dc.date.accessioned2016-02-08T10:03:27Z
dc.date.available2016-02-08T10:03:27Z
dc.date.issued2009en_US
dc.departmentDepartment of Economicsen_US
dc.description.abstractThe 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) policies. The selected tools affect economic variables differently. By using Turkish monthly data for the 1988:2-2008:2 period, this study suggests that pure policies (such as interbank rate only or exchange rate only) increase relative price variability more than mixed policies, where the monetary authorities use the above tools simultaneously. © 2009 Asian Network for Scientific Information.en_US
dc.identifier.doi10.3923/jas.2009.2238.2246en_US
dc.identifier.eissn1812-5662
dc.identifier.issn1812-5654
dc.identifier.urihttp://hdl.handle.net/11693/22690
dc.language.isoEnglishen_US
dc.publisherA N S I Networken_US
dc.relation.isversionof10.3923/jas.2009.2238.2246en_US
dc.source.titleJournal of Applied Sciencesen_US
dc.subjectMonetary policy tool(s)en_US
dc.subjectRelative price variabilityen_US
dc.subjectCentral banken_US
dc.subjectEconomic variablesen_US
dc.subjectExchange ratesen_US
dc.subjectMonetary policiesen_US
dc.subjectRelative pricesen_US
dc.subjectTurkishsen_US
dc.subjectCostsen_US
dc.subjectToolsen_US
dc.titleThe choice of monetary policy tool(s) and relative price variability: evidence from Turkeyen_US
dc.typeArticleen_US

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