Interaction of monetary and fiscal policies in Turkey
This paper aims to investigate the interaction between monetary and fiscal policies in Turkey. For this purpose, a Bayesian Structural Vector Autoregression (SVAR) model with sign and zero restrictions is used. We particularly focus on how the fiscal and monetary policy variables respond to various...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2020-12-01
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Series: | Central Bank Review |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S1303070120300111 |