YENİ PARA POLİTİKASI ARAYIŞLARI BAĞLAMINDA PARASAL AKTARIM MEKANİZMASI FAİZ KANALININ İŞLEYİŞİ: TÜRKİYE VE ENDONEZYA ÜLKE ÖRNEKLERİ

Musa Atgür; N. Oğuzhan Altay

doi:10.17130/ijmeb.2018343113

THE FUNCTIONING OF THE INTEREST RATE CHANNEL OF MONETARY TRANSMISSION MECHANISM IN THE CONTEXT OF THE SEARCH FOR A NEW MONETARY POLICY: TURKEY AND INDONESIA COUNTRIES EXAMPLES

Year 2018, Volume: 14 Issue: 3, 601 - 624, 01.06.2018

Musa Atgür N. Oğuzhan Altay

https://doi.org/10.17130/ijmeb.2018343113

Cited By: 1

Abstract

In this paper, they were examined the effectiveness of the interest rate channels of the monetary transmission mechanism in Turkey and Indonesia. The periods examined 2002:I-2013:II for Turkey and 2001:I-2013:I for Indonesia. Vector Autoregressive VAR and Factor Augmented Vector Autoregressive FAVAR the application of econometric methods for both Countries, obtained the findings of this paper, according to VAR Model impulserespons efunctions results showed that partially work of the interest rate channel in Turkey and Indonesia. FAVAR Model impulse-response functions results have pointed out that partially works of the interest rate channel in Indonesia

Keywords

Monetary Policy, Monetary Transmission Mechanism

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