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The Role of Monetary Policy in Turkey during the Global Financial Crisis (Kuresel Kriz Doneminde Turkiye'de Para Politikasinin Rolu)
Alp, Harun; Elekdag, Selim - Türkiye Cumhuriyet Merkez Bankası - 2011
As an emerging economy, Turkey is an interesting case study because it was one of the hardest hit countries by the … fallout from the crisis, the Central Bank of the Republic of Turkey (CBRT) decreased policy rates by an astounding 1025 basis …
Persistent link: https://www.econbiz.de/10009209841
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Business Cycle Synchronization of Turkey with Euro Area and the US : What Has Changed After 2001?
Akkoyun, Huseyin Cagri; Gunay, Mahmut; Sen-Dogan, Bahar - Türkiye Cumhuriyet Merkez Bankası - 2012
In this paper, we make a detailed spectral analysis of the comovement of cycles of Turkish economy with cycles of euro area and the US. Relation between cycles may change with frequency, hence correlation of cycles at short, medium and long run may differ. Also, the correlation in different...
Persistent link: https://www.econbiz.de/10010941475