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Erken Uyari Sistemlerý Yoluyla Turkiye’Deki Ekonomik Krizlerin Analizi

Listed author(s):
  • Prof.Dr. Cevat GERNI

    ()

    (Gebze Yuksek Teknoloji Enstitusu)

  • Doc.Dr. O. Selcuk EMSEN

    ()

    (Ataturk University)

  • Dr. M. Kemal DEGER

    ()

    (Ataturk University)

Registered author(s):

    It is observed that the interest rate-exchange rate nexus in the Turkish economy appeared in the process of financial liberalization has formed a fragile structure and that this situation has triggered the economic crises along with the rising of the country’s risk premium. In this context, the attentions have been drawn up on the crises which were led by the artificial welfare increases created by the gap between interest rate and exchange rate, and up on the unsustainability of artificially appreciated national currency with high interest rates in the economy.

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    File URL: http://eidergisi.istanbul.edu.tr/sayi2/iueis2m3.pdf
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    Article provided by Department of Econometrics, Faculty of Economics, Istanbul University in its journal Istanbul University Econometrics and Statistics e-Journal.

    Volume (Year): 2 (2005)
    Issue (Month): 1 (November)
    Pages: 39-62

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    Handle: RePEc:ist:ancoec:v:2:y:2005:i:1:p:39-62
    Contact details of provider: Web page: http://eidergisi.istanbul.edu.tr

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