Inflation And Disinflation In Turkey
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Inflation And Disinflation In Turkey
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Author : Faruk Selcuk
language : en
Publisher: Routledge
Release Date : 2018-04-27
Inflation And Disinflation In Turkey written by Faruk Selcuk and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-04-27 with Social Science categories.
This title was first published in 2002. Since the 1990s Turkey has experienced a number of disasters, both physical and economic. The result has been a decrease in economic performance compared to other European states. This study addresses the country's ongoing economic struggles.
Inflation And Disinflation In Turkey
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Author : Faruk Selcuk
language : en
Publisher:
Release Date : 2017
Inflation And Disinflation In Turkey written by Faruk Selcuk and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with Electronic books categories.
"This title was first published in 2002. Since the 1990s Turkey has experienced a number of disasters, both physical and economic. The result has been a decrease in economic performance compared to other European states. This study addresses the country's ongoing economic struggles."--Provided by publisher.
Inflation And Disinflation In Turkey
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Author : Zvi Yehuda Hershlag
language : en
Publisher:
Release Date : 1986
Inflation And Disinflation In Turkey written by Zvi Yehuda Hershlag and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986 with Inflation (Finance) categories.
Disinflation Fiscal Sustainability And Labor Market Adjustment In Turkey
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Author : Pierre-Richard Ag??nor
language : en
Publisher: World Bank Publications
Release Date : 2012
Disinflation Fiscal Sustainability And Labor Market Adjustment In Turkey written by Pierre-Richard Ag??nor and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.
This paper analyzes the effects of monetary policy and fiscal adjustment on output and unemployment in Turkey. The model on which the analysis is based accounts for rural-urban migration, a large urban informal sector, flexible exchange rates, a dollarized banking system, and interactions between default risk on government liabilities, credibility, and inflation expectations. The short- and long-run effects of a rise in official interest rates and tax increases are analyzed. The results highlight the importance of accounting for the link between default risk and credibility in understanding the real and financial effects of macroeconomic adjustment.
Would Cold Turkey Work In Turkey
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Author : Oya Celasun
language : en
Publisher: International Monetary Fund
Release Date : 2003-03-01
Would Cold Turkey Work In Turkey written by Oya Celasun and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-03-01 with Business & Economics categories.
Persistently high inflation rates have led many to believe that inflation in Turkey has become "inertial," posing an obstacle to disinflation. We assess the empirical validity of this argument. We find that the current degree of inflation persistence in Turkey is lower than in Brazil and Uruguay prior to their successful stabilization programs. More significantly, expectations of future inflation are more important than past inflation in shaping the inflation process, providing little evidence of "backward-looking" behavior. Using survey data, we find that inflation expectations, in turn, depend largely on the evolution of fiscal variables.
Inflation Stabilization In Turkey
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Author : Luc Everaert
language : en
Publisher: World Bank Publications
Release Date : 1992
Inflation Stabilization In Turkey written by Luc Everaert and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Deficit financing categories.
Adding estimated behavioral equations to the standard RMSM- X model allows it to simulate the short- run consequences of inflation stabilization.
Disinflation Fiscal Sustainability And Labor Market Adjustment In Turkey
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Author : Pierre-Richard Agénor
language : en
Publisher: World Bank Publications
Release Date : 2006
Disinflation Fiscal Sustainability And Labor Market Adjustment In Turkey written by Pierre-Richard Agénor and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Estabilizacion economica categories.
This paper analyzes the effects of monetary policy and fiscal adjustment on output and unemployment in Turkey. The model on which the analysis is based accounts for rural-urban migration, a large urban informal sector, flexible exchange rates, a dollarized banking system, and interactions between default risk on government liabilities, credibility, and inflation expectations. The short- and long-run effects of a rise in official interest rates and tax increases are analyzed. The results highlight the importance of accounting for the link between default risk and credibility in understanding the real and financial effects of macroeconomic adjustment.
Turkish Banking
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Author : Y. Altunbas
language : en
Publisher: Springer
Release Date : 2008-12-15
Turkish Banking written by Y. Altunbas and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-12-15 with Business & Economics categories.
In light of Turkey's EU bid and the successful IMF-led disinflation program, this book explores the evolution and performance of the Turkish banking sector. Analyzing the repercussions of overall economic structure, financial crises and political instability on its financial sector, it scrutinizes the prospects for the future of banking sectors.
Turkey
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1996-12-03
Turkey written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-12-03 with Business & Economics categories.
This paper reviews economic developments in Turkey during 1992–96. The Turkish economy rebounded in 1995, with real gross national product rising by 8.1 percent, reversing the decline of 6.1 percent in 1994. A strong pickup in activity in the second and third quarters of 1995 more than compensated for the continued weakness in the first quarter and a slight decline in the fourth quarter caused by uncertainty in the run-up to the elections. Industry performed strongly, with a growth rate of 12.1 percent, followed by services (6.4 percent) and agriculture (2.6 percent).
Perspectives On High Real Interest Rates In Turkey
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Author : Prakash Kannan
language : en
Publisher: INTERNATIONAL MONETARY FUND
Release Date : 2008-10-01
Perspectives On High Real Interest Rates In Turkey written by Prakash Kannan and has been published by INTERNATIONAL MONETARY FUND this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-10-01 with categories.
The Turkish economy is typically characterized as having particularly high real interest rates. Fundamental considerations, such as high growth rates or high returns to capital, do not provide a satisfactory resolution of this puzzle. Instead, we find that two other factors- doubts about the sustainability of disinflation and the existence of a risk premium-have a significant impact on the level of real interest rates in Turkey. Importantly, fiscal policy variables are shown to affect both these factors, suggesting that a more credible and prudent fiscal policy can help reduce real interest rates in Turkey.