Akdeniz, Coşkun - In: Handbook of research on emerging theories, models, and …, (pp. 215-228). 2021
As an important indicator for the central banks that adopting inflation targeting regime, this paper aims to construct a monetary conditions index (MCI) for Turkey based on the weighted sum approach covering the period of 1986:05-2018:10. As a novelty time-varying parameter vector autoregressive...