Monetary policy rules in practice: Evidence from Turkey and Israel
Küçük Resim Yok
Tarih
2007
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
Forward looking monetary policy rules are estimated for Israel and Turkey. When variable inflation targets are taken into consideration, as opposed to the fixed targets used in prior research that use data from developed countries, forward looking Taylor rules seem to provide reasonable description of Central Bank behaviour in both countries. In general, it can be said that monetary policy appears to be quite strong in these countries, and especially so in Turkey, when compared with developed countries.
Açıklama
Anahtar Kelimeler
Comparative Study, Development Strategy, Estimation Method, İnflation, Monetary Policy, Asia, Eurasia, Israel, Middle East, Turkey
Kaynak
Applied Financial Economics
WoS Q Değeri
Scopus Q Değeri
N/A
Cilt
17
Sayı
1
