Cortuk, Orcan; Singh, Nirvikar - Volkswirtschaftliche Fakultät, … - 2011
In this paper, we study the trilemma configuration of the Turkish economy. The paper starts by empirically testing the … Mundell-Fleming theoretical concept of an “impossible trinity” (trilemma) for Turkey, following the Aizenman, Chinn and Ito … (ACI) approach. This includes calculating the trilemma indices and investigating their evolution over the period of 1998Q1 …