This study provides an empirical analysis of the two macroprudential instruments, namely the reserve option mechanism and the interest rate corridor, employed by the Central Bank …
F Çevik - Electronic Journal of Social Sciences, 2016 - search.ebscohost.com
After global financial crisis in 2008, as a result of decrease in interest rates and expansionary monetary policies of developed countries, abundant liquidity was directed to …
The macroeconomic and financial stability orientation of AK Party governments, with their emphasis on fiscal discipline and the regulatory function of the state in the financial system …
A Zayim - Politics & Society, 2022 - journals.sagepub.com
This article analyzes the Turkish central bank's “managed uncertainty” policy after the global financial crisis. During 2010–14, the central bank intentionally generated uncertainty around …
Capital inflows are important factor affecting macroeconomic performance, such as the real exchange rate, interest rates, output, and price level. However, the components of capital …
G Di Giorgio - Eurasian Economic Review, 2014 - Springer
The financial crisis that started in August 2007 deeply changed the modus operandi of monetary policy on both sides of the Atlantic Ocean and stimulated a debate about how to …
The nexus between stock markets and exchange rates is examined in the case of eight European countries. The sample consists of four economies with national currencies and …
U Bulut - Theoretical & Applied Economics, 2015 - ebsco.ectap.ro
The Central Bank of the Republic of Turkey (CBRT) has utilized the interest rate corridor as a macroprudential tool to mitigate rapid credit growth in Turkey since October 2011. This …