## Abstract This paper estimates a forward‐looking monetary policy reaction function of the Central Bank of the Republic of Turkey by considering the period from 1990:01 to 2000:10. When the spread between the interbank rate and depreciation rate of the local currency is taken as a policy tool, the
Monetary policy rules in practice: Re-examining the case of Turkey
✍ Scribed by Mübariz Hasanov; Tolga Omay
- Publisher
- Elsevier Science
- Year
- 2008
- Tongue
- English
- Weight
- 312 KB
- Volume
- 387
- Category
- Article
- ISSN
- 0378-4371
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