EN
The Interest Rate Channel in Turkey: An Investigation with Kalman Filter Approach
Abstract
The monetary authority affects the aggregate demand and investment expenditure via controlling short run interest rates. It is important to satisfy the price stability together with working interest rate channel. This study aims to investigate the validity of interest rate channel in Turkey since the inflation targeting period starting with the year 2002. The sample period covers quarterly data from 1990:1 to 2011:3. It is stated that after the 2002 efficiency of interest rate channel increases.
Keywords
Details
Primary Language
English
Subjects
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Journal Section
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Publication Date
December 1, 2013
Submission Date
December 1, 2013
Acceptance Date
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Published in Issue
Year 2013 Volume: 3 Number: 4
APA
Sarac, T. B., & Ucan, O. (2013). The Interest Rate Channel in Turkey: An Investigation with Kalman Filter Approach. International Journal of Economics and Financial Issues, 3(4), 874-884. https://izlik.org/JA23NP55MZ
AMA
1.Sarac TB, Ucan O. The Interest Rate Channel in Turkey: An Investigation with Kalman Filter Approach. IJEFI. 2013;3(4):874-884. https://izlik.org/JA23NP55MZ
Chicago
Sarac, Taha Bahadır, and Okyay Ucan. 2013. “The Interest Rate Channel in Turkey: An Investigation With Kalman Filter Approach”. International Journal of Economics and Financial Issues 3 (4): 874-84. https://izlik.org/JA23NP55MZ.
EndNote
Sarac TB, Ucan O (December 1, 2013) The Interest Rate Channel in Turkey: An Investigation with Kalman Filter Approach. International Journal of Economics and Financial Issues 3 4 874–884.
IEEE
[1]T. B. Sarac and O. Ucan, “The Interest Rate Channel in Turkey: An Investigation with Kalman Filter Approach”, IJEFI, vol. 3, no. 4, pp. 874–884, Dec. 2013, [Online]. Available: https://izlik.org/JA23NP55MZ
ISNAD
Sarac, Taha Bahadır - Ucan, Okyay. “The Interest Rate Channel in Turkey: An Investigation With Kalman Filter Approach”. International Journal of Economics and Financial Issues 3/4 (December 1, 2013): 874-884. https://izlik.org/JA23NP55MZ.
JAMA
1.Sarac TB, Ucan O. The Interest Rate Channel in Turkey: An Investigation with Kalman Filter Approach. IJEFI. 2013;3:874–884.
MLA
Sarac, Taha Bahadır, and Okyay Ucan. “The Interest Rate Channel in Turkey: An Investigation With Kalman Filter Approach”. International Journal of Economics and Financial Issues, vol. 3, no. 4, Dec. 2013, pp. 874-8, https://izlik.org/JA23NP55MZ.
Vancouver
1.Taha Bahadır Sarac, Okyay Ucan. The Interest Rate Channel in Turkey: An Investigation with Kalman Filter Approach. IJEFI [Internet]. 2013 Dec. 1;3(4):874-8. Available from: https://izlik.org/JA23NP55MZ