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Global crisis has underlined the essentiality of deepening our understanding and knowledge about the financial system. Accordingly, recent debates on macroeconomic policies focused exclusively on the financial system. This survey aims at contributing to the efforts on expanding our existing...
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Logit model and the signal approach are two analysis methods being commonly used to forecast and explain currency … facts of "fluctuation, confusion" period being examined. This study is an attempt to specify an ex-post and ex-ante forecast … ; Logit Model ; Signal Approach ; E-post ; Ex-ante Forecast …
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In this paper, we investigate the responsiveness of financial markets to monetary policy expectations in Turkey. According to the efficient markets hypothesis, financial markets respond to anticipated policy actions prior to a policy announcement. As a result, they are expected to respond only...
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