inflationary environments in Turkey covering the period 1986:1 - 2009:10. Our results suggest that traditional interest rate …

financial markets, and imperfect though vibrant and wide-based democracy, Turkey is often cited as a development model for other … in privatising state-owned enterprises, and high and persistent government budget deficits. In January 2000 Turkey …, to reduce inflation to single digits by the end of 2002. Since then, though, Turkey has experienced two financial crises …

"This paper analyzes the effects of monetary policy and fiscal adjustment on output and unemployment in Turkey. The …