Financial deepening and increases in the private sector's credit-to-output ratio are expected
to strengthen the monetary policy transmission mechanism in Turkey. However, shifts in the …

Uncertainty about the underlying monetary transmission mechanism may be more
pronounced in emerging market economies than in developed ones. Small open emerging …

The target of monetary policy is generally set as to create an environment of manageable
employment and affordable long-term interest rates. However, priorities of central banks may …

This study develops a simple theoretical framework and conduct a comprehensive empirical
analysis on (a) the role of monetary policy on external funding and loan growth,(b) the …

Turkey experienced a financial crisis in 2000–2001, which led to significant financial
reforms. The reforms resulted in a switch to a floating exchange rate, granted greater central …

In the discussion of monetary policy and financial policy, I believe that it is important to
conceptually distinguish financial policy from monetary policy. Different economic policies …

Purpose-The CBRT announced in April 2010 that included financial stability in its target
function, and in November 2010 started implementing modified monetary policy strategy …

The use of monetary policy to stimulate economic activity around the globe and in Turkey
has been receiving a flurry of attention. Calls for lower interest rates have become louder as …

In recent years, the consequences of globalization and global developments in an area or
around the world have harmed monetary transmission channels, creating an axis shift and …

This paper addresses the question of whether and how long-term financial trends may have
modified the transmission mechanism from monetary policy decisions to economic activity …