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Stability of Money Multipliers: Evidence from Turkey   
Yazarlar (3)
Cem Saatcioğlu
Türkiye
Doç. Dr. Hüseyin Levent KORAP Doç. Dr. Hüseyin Levent KORAP
Türkiye
Ara G Vokan
Devamını Göster
Özet
This paper investigates whether the money multiplier process in the Turkish economy is stable and can be forecasted. Research results show that the processes which convert the base money supply into the final monetary aggregates are unstable and decrease the effectiveness of monetary policies pursued by the CBRT. In addition, the sub-components of the money multiplier do not support a stable money multiplier process, indicating that traditional monetarist prescriptions for the conduct of economic policy are not appropriate for the Turkish economy.
Anahtar Kelimeler
Makale Türü Özgün Makale
Makale Alt Türü Uluslararası alan indekslerindeki dergilerde yayınlanan tam makale
Dergi Adı Journal of Business and Economics Research
Dergi ISSN 2157-8893
Dergi Tarandığı Indeksler ABI Inform, Australian Research Council (ARC), Cabell’s Directory (Accounting & Economics and Finance Directories, EBSCO Discovery, International Bibliography of the Social Sciences (IBSS), J-Gate, ProQuest, Ulrich’s Periodicals
Makale Dili İngilizce
Basım Tarihi 01-2006
Cilt No 4
Sayı 10
Sayfalar 31 / 42
Doi Numarası 10.19030/jber.v4i10.2701
Makale Linki https://clutejournals.com/index.php/JBER/article/view/2701
BM Sürdürülebilir Kalkınma Amaçları
Atıf Sayıları
Google Scholar 10
Stability of Money Multipliers: Evidence from Turkey

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