Responsiveness of monetary policy to financial stress in Turkey

The objective of this paper is to investigate whether the Central Bank of Turkey (CBRT) was responsive to financial stress or not during the period 2005m1–2015m10. The study is unique in the sense that CBRT's monetary policy reaction function is augmented with a distinctive financial stress ind...

وصف كامل

التفاصيل البيبلوغرافية
الحاوية / القاعدة:Central Bank Review
المؤلف الرئيسي: Ferhat Çamlıca
التنسيق: مقال
اللغة:الإنجليزية
منشور في: Elsevier 2016-12-01
الموضوعات:
الوصول للمادة أونلاين:http://www.sciencedirect.com/science/article/pii/S1303070116300312