Anchoring of inflation expectations and credibility in Turkey
| dc.authorid | 0000-0003-4595-5663 | en_US |
| dc.authorid | 0000-0002-1038-4357 | en_US |
| dc.contributor.author | Cicek, Serkan | |
| dc.contributor.author | Akar, Cuneyt | |
| dc.contributor.author | Yucel, Eray | |
| dc.date.accessioned | 2024-07-12T21:47:28Z | |
| dc.date.available | 2024-07-12T21:47:28Z | |
| dc.date.issued | 2011 | en_US |
| dc.department | Maltepe Üniversitesi | en_US |
| dc.description.abstract | Anchoring of inflation expectations and credibility in Turkey This paper investigates the inflation targeting experience of Turkey in terms of the degree of anchoring of expectations to official targets. The estimated time-varying vector auto-regression model suggests a high path for the anchoring parameter until May 2006 and a relatively lower path until November 2008 following the financial turbulence of May 2006. The anchoring behaviour strengthens after November 2008. The congruence between model estimates and the anecdotal milestones of the Turkish economy can be interpreted as a sign of decision makers' manifestation of confidence in the Central Bank. | en_US |
| dc.identifier.doi | 10.3848/iif.2011.304.3044 | |
| dc.identifier.endpage | 55 | en_US |
| dc.identifier.issn | 1300-610X | |
| dc.identifier.issue | 304 | en_US |
| dc.identifier.startpage | 37 | en_US |
| dc.identifier.uri | https://dx.doi.org/10.3848/iif.2011.304.3044 | |
| dc.identifier.uri | https://hdl.handle.net/20.500.12415/8045 | |
| dc.identifier.volume | 26 | en_US |
| dc.identifier.wos | WOS:000292580600002 | en_US |
| dc.identifier.wosquality | Q4 | en_US |
| dc.indekslendigikaynak | Web of Science | |
| dc.language.iso | tr | en_US |
| dc.publisher | BILGESEL YAYINCILIK SAN & TIC LTD | en_US |
| dc.relation.ispartof | IKTISAT ISLETME VE FINANS | en_US |
| dc.relation.publicationcategory | Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı | en_US |
| dc.rights | info:eu-repo/semantics/openAccess | en_US |
| dc.snmz | KY01223 | |
| dc.subject | Monetary policy | en_US |
| dc.subject | Inflation targeting | en_US |
| dc.subject | Central Bank | en_US |
| dc.subject | Expectations | en_US |
| dc.subject | Anchoring | en_US |
| dc.subject | Credibility | en_US |
| dc.title | Anchoring of inflation expectations and credibility in Turkey | en_US |
| dc.type | Article | |
| dspace.entity.type | Publication |
