Have Financial Stability Concerns Changed the Priority of the Central Bank of the Republic of Turkey?

Have Financial Stability Concerns Changed the Priority of the Central Bank of the Republic of Turkey?

This paper aims at analysing whether the Central Bank of the Republic of Turkey (CBRT), designing a new monetary policy framework to achieve financial stability in the last quarter of 2010, tries to pursue financial stability by putting price stability on the back burner. To this end, a forward-look...

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Bibliographic Details
Main Authors: Erdem Ekrem, Bulut Umit, Kocak Emrah
Format: Article
Language:English
Published: Sciendo 2017-08-01
Series:Studies in Business and Economics
Subjects:
the central bank of the republic of turkey
macroprudential policy
kalman filter
time varying parameter
Online Access:https://doi.org/10.1515/sbe-2017-0019

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