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MONETARY POLICY TARGETS IN TURKEY: AN ANALYSIS OF CAUSALITY AND CONTROLLABILITY
- Date Issued:
- 1985
- Summary:
- This study analyzes the formulation of monetary policy in the Turkish economy on the basis of intermediate policy targets. Two monetary aggregates and four credit aggregates are identified as potential intermediate targets of monetary policy. The causal relationship between these variables and GNP as well as prices is estimated by utilizing Granger and Sims tests for causality. The degree to which these targets are controlled by changes in the monetary base is examined by using regression analysis. Finally, this study briefly examines the major sources of the monetary base in the Turkish economy.
Title: | MONETARY POLICY TARGETS IN TURKEY: AN ANALYSIS OF CAUSALITY AND CONTROLLABILITY. |
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Name(s): |
Akyurek, Cem Ahmet Florida Atlantic University, Degree grantor Manage, Neela D., Thesis advisor College of Business Department of Economics |
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Type of Resource: | text | |
Genre: | Electronic Thesis Or Dissertation | |
Issuance: | monographic | |
Date Issued: | 1985 | |
Publisher: | Florida Atlantic University | |
Place of Publication: | Boca Raton, Fla. | |
Physical Form: | application/pdf | |
Extent: | 72 p. | |
Language(s): | English | |
Summary: | This study analyzes the formulation of monetary policy in the Turkish economy on the basis of intermediate policy targets. Two monetary aggregates and four credit aggregates are identified as potential intermediate targets of monetary policy. The causal relationship between these variables and GNP as well as prices is estimated by utilizing Granger and Sims tests for causality. The degree to which these targets are controlled by changes in the monetary base is examined by using regression analysis. Finally, this study briefly examines the major sources of the monetary base in the Turkish economy. | |
Identifier: | 14259 (digitool), FADT14259 (IID), fau:11069 (fedora) | |
Collection: | FAU Electronic Theses and Dissertations Collection | |
Note(s): |
College of Business Thesis (M.A.)--Florida Atlantic University, 1985. |
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Subject(s): |
Monetary policy--Turkey--Analysis Turkey--Economic conditions--Analysis |
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Held by: | Florida Atlantic University Libraries | |
Persistent Link to This Record: | http://purl.flvc.org/fcla/dt/14259 | |
Sublocation: | Digital Library | |
Use and Reproduction: | Copyright © is held by the author, with permission granted to Florida Atlantic University to digitize, archive and distribute this item for non-profit research and educational purposes. Any reuse of this item in excess of fair use or other copyright exemptions requires permission of the copyright holder. | |
Use and Reproduction: | http://rightsstatements.org/vocab/InC/1.0/ | |
Host Institution: | FAU | |
Is Part of Series: | Florida Atlantic University Digital Library Collections. |