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Persistent link: https://www.econbiz.de/10004998611
This 2013 Article IV Consultation highlights that the Turkish economy achieved a welcome reduction of imbalances in 2012. In 2013, growth has accelerated significantly on the back of a monetary and fiscal policy stimulus. The economy is projected to expand by 3.8 percent this year, with private...
Persistent link: https://www.econbiz.de/10011244217
fundamentals. The main risk for Turkey remains a capital flows reversal, associated with monetary policy normalization in advance …
Persistent link: https://www.econbiz.de/10011244676
This Selected Issues paper on Turkey discusses the new monetary framework adopted by the Central Bank of Republic of … Turkey (CBRT). Instead of relying on one interest rate as inflation-targeting, the CBRT resorted to raising it as inflation …
Persistent link: https://www.econbiz.de/10011244904
This Selected Issues paper examines the external imbalance situation in Turkey. Turkey’s current account deficit is …
Persistent link: https://www.econbiz.de/10011245047
dollarized and indebted countries such as Turkey and Lebanon, by measuring the sterilization coefficient, and the offset … collected from the International Monetary Fund and from the Central Banks of Turkey and Lebanon between January 1994 and …
Persistent link: https://www.econbiz.de/10010548031
channel of monetary policy in Turkey. Using bank level quarterly data over the period 2002-2012 a dynamic panel model is … estimated. Our sample accounts for 53 banks that have been active in Turkey during the period. To deal with the potential …
Persistent link: https://www.econbiz.de/10010837135
This paper studies the role of banking sector in monetary policy transmission in Turkey covering the period 1988 …
Persistent link: https://www.econbiz.de/10010837141
Persistent link: https://www.econbiz.de/10005705466
This paper uses a unique monthly data set that covers the overall credit card usage in a small-open economy, Turkey, to … 2002–2009. It is shown that, during the recent financial crisis that has started in 2007, the monetary policy of Turkey has …
Persistent link: https://www.econbiz.de/10010577125