The Interest Rate Channel in Turkey:  An Investigation with Kalman Filter Approach

Taha Bahadır Sarac; Okyay Ucan

Makale detayları

The Interest Rate Channel in Turkey: An Investigation with Kalman Filter Approach

Yazarlar:

Taha Bahadır Sarac | Okyay Ucan

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Economics and Financial Issues 2013 Vol.3 Issue 4, pp.874-884

Belge Tipi:

Makale

Yayın Tarihi:

11/2013

Belge Dili:

Türkçe

Document ID (Org No.):

2000814574

Sıklık:

İki Aylık

eISSN:

2146-4138

Özet:

 

The monetary authority affects the aggregate demand and investment expenditure via controlling short run interest rates.  It is important to satisfy the price stability together with working interest rate channel. This study aims to investigate the validity of interest rate channel in Turkey since the inflation targeting period starting with the year 2002. The sample period covers quarterly data from 1990:1 to 2011:3. It is stated that after the 2002 efficiency of interest rate channel increases.

Makale detayları

The Interest Rate Channel in Turkey: An Investigation with Kalman Filter Approach

Yazarlar: Taha Bahadır Sarac | Okyay Ucan

Yayıncı: İlhan ÖZTÜRK

Dergi: International Journal of Economics and Financial Issues 2013 Vol.3 Issue 4, pp.874-884

Belge Tipi: Makale

Yayın Tarihi: 11/2013

Belge Dili: Türkçe

Document ID (Org No.): 2000814574

Sıklık: İki Aylık

eISSN: 2146-4138

Sayı

Yazarlar:

Taha Bahadır Sarac | Okyay Ucan

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Economics and Financial Issues 2013 Vol.3 Issue 4, pp.874-884

Belge Tipi:

Makale

Yayın Tarihi:

11/2013

Belge Dili:

Türkçe

Document ID (Org No.):

2000814574

Sıklık:

İki Aylık

eISSN:

2146-4138