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 …
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 …
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 …
This study aims to evaluate the developments in Turkish monetary policy after 2002 and understand constraints on the effectiveness of The Turkish Central Bank (CBRT). The CBRT …