The effectiveness of the monetary transmission mechanism channel in Turkey
Yükleniyor...
Tarih
2019
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
EASTERN JOURNAL OF EUROPEAN STUDIES
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
This study investigates on which channels the monetary transmission mechanism
works effectively. In this context, quarterly data for the period 2005-2017 is used for
Turkey and the variables used to determine the efficiency of the monetary
transmission mechanism are analyzed by the VAR method. The obtained results
indicate that the loans and reserves have a more effective role on the inflation as a
channel of the monetary transmission mechanism. According to the long run results,
while the exchange rate and reserves channel have a negative effect on the real GDP,
it is revealed that loans have a positive effect on the real GDP in the long run
stabilization.
Açıklama
Anahtar Kelimeler
monetary transmission mechanism, credit channel, inflation, monetary policy
Kaynak
EASTERN JOURNAL OF EUROPEAN STUDIES
WoS Q Değeri
N/A
Scopus Q Değeri
Q1
Cilt
10
Sayı
1
Künye
Okur, F., Akkuş, Ö., & Durmaz, A. (2019). The effectiveness of the monetary transmission mechanism channel in Turkey. Eastern Journal of European Studies, 10(1), 161-180.
