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The paper shows the advantages and handicaps of implementing an inflation target (IT) regime, from a Post-Keynesian and, thus, an institutional stance. It is Post-Keynesian as long as it does not perceive any benefit in the mainstream split between monetary and fiscal policies. And it is...
Persistent link: https://www.econbiz.de/10005014711
Ungarn möchte bis zum Jahr 2000 Mitglied der Europäischen Union sein. Dabei hofft man, Vorteile aus einer intensiven Arbeitsteilung mit der nahegelegenen EU und ihrem bedeutenden Markt zu ziehen (billige Importgüter, Effizienzsteigerung der Unternehmen, mehr Innovationstätigkeit,...
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We provide Bayesian estimates of an empirical model of consumer price inflation for Turkey based on the hybrid New …
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This paper attempts to explain the ERBS syndrome in Turkey by appeal to weak credibility cum sticky prices. By … developing a model specifically for the 2000–2001 heterodox ERBS program in Turkey, I also depart from the existing literature … observed after the implementation of the program in Turkey. In order to assess the model's quantitative performance; it is …
Persistent link: https://www.econbiz.de/10011208957
Since its inception in 1923, Turkey’s foreign policy has been characterised by a number of divergent orientations …. Western orientation however, especially following the Second World War, has been a primary foreign policy priority for Turkey … attitude over the years, some concerns have been raised that Turkey has begun to change its foreign policy in the last decade …
Persistent link: https://www.econbiz.de/10011210019