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The Role of Monetary Policy in Turkey During the Global Financial Crisis

The Role of Monetary Policy in Turkey During the Global Financial Crisis »

Volume/Issue: 2011/150

Series: IMF Working Papers

Author(s): Selim Elekdag , and Harun Alp

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2011

DOI: http://dx.doi.org/10.5089/9781455270484.001

ISBN: 9781455270484

Keywords: financial accelerator, Bayesian estimation, DSGE models, emerging economies, exchange rate, exchange rate regime, interest rates, Bayesian Analysis, And The Supply Of Money And Credit,

Turkey is an interesting case study because it was one of the hardest hit emerging economies by the global financial crisis, with a year-over-year contraction of 15 percent during the first quarter of 2009. At the...

The Role of Monetary Policy in Turkey During the Global Financial Crisis

The Role of Monetary Policy in Turkey During the Global Financial Crisis »

Source: The Role of Monetary Policy in Turkey During the Global Financial Crisis

Volume/Issue: 2011/150

Series: IMF Working Papers

Author(s): Selim Elekdag , and Harun Alp

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2011

ISBN: 9781455270484

Keywords: financial accelerator, Bayesian estimation, DSGE models, emerging economies, exchange rate, exchange rate regime, interest rates, Bayesian Analysis, And The Supply Of Money And Credit,

Turkey is an interesting case study because it was one of the hardest hit emerging economies by the global financial crisis, with a year-over-year contraction of 15 percent during the first quarter of 2009. At the...