Monetary policy rules in practice: evidence from Turkey
| buir.contributor.author | Berument, Hakan | |
| dc.citation.epage | 38 | en_US |
| dc.citation.issueNumber | 1 | en_US |
| dc.citation.spage | 33 | en_US |
| dc.citation.volumeNumber | 9 | en_US |
| dc.contributor.author | Berument, Hakan | en_US |
| dc.contributor.author | Taşçı, H. | en_US |
| dc.date.accessioned | 2016-02-08T10:27:58Z | |
| dc.date.available | 2016-02-08T10:27:58Z | |
| dc.date.issued | 2004 | en_US |
| dc.department | Department of Economics | en_US |
| dc.description.abstract | 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 depreciation rate of the local currency is taken as a policy tool, the empirical evidence suggests that the Turkish Central Bank responds to its foreign exchange reserves, output and M2 growth not the forward, current or lagged inflation. © 2003 John Wiley and Sons, Ltd. | en_US |
| dc.description.provenance | Made available in DSpace on 2016-02-08T10:27:58Z (GMT). No. of bitstreams: 1 bilkent-research-paper.pdf: 70227 bytes, checksum: 26e812c6f5156f83f0e77b261a471b5a (MD5) Previous issue date: 2004 | en |
| dc.identifier.doi | 10.1002/ijfe.219 | en_US |
| dc.identifier.eissn | 1099-1158 | |
| dc.identifier.issn | 1076-9307 | |
| dc.identifier.uri | http://hdl.handle.net/11693/24346 | |
| dc.language.iso | English | en_US |
| dc.publisher | John Wiley & Sons Ltd. | en_US |
| dc.relation.isversionof | http://dx.doi.org/10.1002/ijfe.219 | en_US |
| dc.source.title | International Journal of Finance and Economics | en_US |
| dc.subject | Inflation targeting | en_US |
| dc.subject | Reaction function | en_US |
| dc.subject | Spread | en_US |
| dc.subject | Central bank | en_US |
| dc.subject | Currency devaluation | en_US |
| dc.subject | Currency market | en_US |
| dc.subject | Monetary policy | en_US |
| dc.subject | Eurasia | en_US |
| dc.subject | Turkey | en_US |
| dc.title | Monetary policy rules in practice: evidence from Turkey | en_US |
| dc.type | Article | en_US |
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