Parasal Analize Bir Bakis : Turkiye Ornegi
The primary goal of this study is to introduce monetary analysis for the Turkish economy in the light of empirical evidences that demonstrate the importance of this analysis for the economy. In the study we also focus on the implication of persistent money supply shocks, particularly shocks that are emanating from fiscal policies, on the Turkish economy by using a monetary disequilibrium model. Results show that if the government adopts a fiscal rule, as it is detailed in the study, instead of the current fiscal policies, then the Turkish economy attains a lower budget deficit, inflation and interest rates, but appreciated Turkish lira in the long-run. Additionally, this fiscal move may cause reductions in the real output growth in the short run, but the contractionary effects seem to be very limited over the long-run.
Volume (Year): 11 (2011)
Issue (Month): 2 ()
|Contact details of provider:|| Postal: Head Office, Istiklal Cad. 10 Ulus, 06100 Ankara|
Phone: (90 312) 507 5000
Fax: (90 312) 507 5640
Web page: http://www.tcmb.gov.tr/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:tcb:cebare:v:11:y:2011:i:2:p:29-48. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()or () or ()
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.