Unalmis, Deren; Unalmis, Ibrahim; Unsal, Derya Filiz - Türkiye Cumhuriyet Merkez Bankası - 2008
Since the beginning of 2000s the world economy has witnessed a substantial increase in oil prices, which is seen to be an important source of economic fluctuations, causing high inflation, unemployment and low or negative growth rates. Recent experience, however, has not validated this view....