Showing 71 - 80 of 9,813
This paper uses the P‑star model to explain inflation dynamics in Turkey. In P‑star models, money determines the price … predicting risk in price stability in Turkey …
Persistent link: https://www.econbiz.de/10013114926
actually influenced the real long-term interest rates; the inflation targeting regime pursued by the Central Bank of Turkey is …
Persistent link: https://www.econbiz.de/10013116523
policies of Central Bank of Turkey is the difference between the borrowing and lending rates and its possible inflationary …
Persistent link: https://www.econbiz.de/10013100974
Persistent link: https://www.econbiz.de/10013164284
Persistent link: https://www.econbiz.de/10013167574
Persistent link: https://www.econbiz.de/10012520139
For the academic audience, this paper presents the outcome of a well-identifted, large change in the monetary policy rule from the lens of a standard New Keynesian model and asks whether the model properly captures the effects. For policymakers, it presents a cautionary tale of the dismal...
Persistent link: https://www.econbiz.de/10013197326
For the academic audience, this paper presents the outcome of a well-identified, large change in the monetary policy rule from the lens of a standard New Keynesian model and asks whether the model properly captures the effects. For policymakers, it presents a cautionary tale of the dismal...
Persistent link: https://www.econbiz.de/10013201664
of structural shocks over macroeconomic fundamentals in Turkey. For this purpose, we estimate the basic new Keynesian … quarterly dataset of the real gross domestic product index, consumer price index and short term interest rate for Turkey. The … output gap over time. Research limitations/implications: If the Central Bank of Turkey intends to implement aggressive …
Persistent link: https://www.econbiz.de/10012239944
Persistent link: https://www.econbiz.de/10011626991