Özdemir, K. Azim; Turner, Paul - In: Journal of Policy Modeling 30 (2008) 2, pp. 349-361
In this paper we estimate a monetary disequilibrium model for Turkey based on Khan and Knight's [Khan, M. S., & Knight, M. D. (1981). Stabilization programs in developing countries: a formal framework. IMF Staff Papers, 28, 1-53] framework. Our results show the importance of fiscal discipline in...