The main objective of this study was introducing the new term “monetary behavioral”, which is defined as turbulence and excessive reaction in money markets due to very extreme speculation in money and exchange markets, various internal and external factors such as poor management of monetary...

The main objective of this study was introducing the new term “monetary behavioral”, which is defined as turbulence and excessive reaction in money markets due to very extreme speculation in money and exchange markets, various internal and external factors such as poor management of monetary...

In the light of the research which proves that inflation expectations cannot be fully explained by inflation itself, a question about the possible drivers of expectations arises. In this paper, we look for such drivers with the use of the cointegration analysis. We assume that some economic...