KOSULLULUK ARACI OLMA BAGLAMINDA KISA VADELI FAIZ ORANLARININ HEDEFLENEN ENFLASYONDAN SAPMADA KULLANIMI: BOUNDS TEST YAKLASIMI (TÜRKIYE ÖRNEGI)

Res. Ass. Dr. Mahmut Zortuk ()
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Res. Ass. Dr. Mahmut Zortuk: Istanbul Üniversitesi Iktisat Fakültesi Ekonometri Bölümü Ekonometri A.B.D.

Istanbul University Econometrics and Statistics e-Journal, 2007, vol. 6, issue 1, 41-68

Abstract: In that study discussed to apply the processing of over-cover and uncover inflation targeting strategy between the year intervals 2001-2006 in Turkey and targeting simultaneously; in the situation of inflation rates, potential production level and exchange rate occur a deviation, how the short run interest rates follow a way that is tried to determine. For determining of inflation rates, also one of the most known ways is Taylor Rule. The processing of Taylor Rule analyzed by helping of Bounds Test, which is a new method comparatively, includes Turkey and understood the result that the mentioning variations, which forms Taylor Rule, effect on the short run interest clearly.

Keywords: Taylor Rule; Short Run Interest Rate; Bounds Test; Inflation Targeting; Output Gap; Nominal Exchange Rate; Central Bank; Model of UECM. (search for similar items in EconPapers)
JEL-codes: C32 E31 E58 (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:ist:ancoec:v:6:y:2007:i:1:p:41-68

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