Publicação
Assessment of hyperinflation in Turkey: a comparative study of normal and augmented Taylor rules
| Resumo: | This study looks into Turkey's hyperinflation crisis, which is marked by a worrisome inflation rate that exceeded 60% in 2023. It particularly tests if the Central Bank of Turkey comply with the modified Taylor Rule amid the factors like COVID-19, political unrest, and the Global Financial Crisis of 2008. Using the quarterly data which spans over 2000Q1 to 2022Q4, this study finds that monetary policy in Turkey is aberrant from what is predicted by the Taylor rule. The study’s findings are crucial for formulating nuanced monetary policies that balance price stability with economic growth. |
|---|---|
| Autores principais: | Pinto, Joao Antonio Sousa |
| Assunto: | Taylor rule Hyperinflation Output gap Inflation gap Monetary policy Economic growth Turkish central bank |
| Ano: | 2024 |
| País: | Portugal |
| Tipo de documento: | dissertação de mestrado |
| Tipo de acesso: | acesso aberto |
| Instituição associada: | Universidade Nova de Lisboa |
| Idioma: | inglês |
| Origem: | Repositório Institucional da UNL |
| _version_ | 1868982685929570304 |
|---|---|
| author | Pinto, Joao Antonio Sousa |
| author_facet | Pinto, Joao Antonio Sousa |
| author_role | author |
| contributor_name_str_mv | Freitas, Miguel Lebre de RUN |
| country_str | PT |
| creators_json_txt | [{\"Person.name\":\"Pinto, Joao Antonio Sousa\"}] |
| datacite.contributors.contributor.contributorName.fl_str_mv | Freitas, Miguel Lebre de RUN |
| datacite.creators.creator.creatorName.fl_str_mv | Pinto, Joao Antonio Sousa |
| datacite.date.Accepted.fl_str_mv | 2024-01-29T00:00:00Z |
| datacite.date.available.fl_str_mv | 2024-11-15T13:14:46Z |
| datacite.date.embargoed.fl_str_mv | 2024-11-15T13:14:46Z |
| datacite.rights.fl_str_mv | http://purl.org/coar/access_right/c_abf2 |
| datacite.subjects.subject.fl_str_mv | Taylor rule Hyperinflation Output gap Inflation gap Monetary policy Economic growth Turkish central bank |
| datacite.titles.title.fl_str_mv | Assessment of hyperinflation in Turkey: a comparative study of normal and augmented Taylor rules |
| dc.contributor.none.fl_str_mv | Freitas, Miguel Lebre de RUN |
| dc.creator.none.fl_str_mv | Pinto, Joao Antonio Sousa |
| dc.date.Accepted.fl_str_mv | 2024-01-29T00:00:00Z |
| dc.date.available.fl_str_mv | 2024-11-15T13:14:46Z |
| dc.date.embargoed.fl_str_mv | 2024-11-15T13:14:46Z |
| dc.format.none.fl_str_mv | application/pdf |
| dc.identifier.none.fl_str_mv | http://hdl.handle.net/10362/175302 |
| dc.language.none.fl_str_mv | eng |
| dc.rights.none.fl_str_mv | http://purl.org/coar/access_right/c_abf2 |
| dc.subject.none.fl_str_mv | Taylor rule Hyperinflation Output gap Inflation gap Monetary policy Economic growth Turkish central bank |
| dc.title.fl_str_mv | Assessment of hyperinflation in Turkey: a comparative study of normal and augmented Taylor rules |
| dc.type.none.fl_str_mv | http://purl.org/coar/resource_type/c_bdcc |
| description | This study looks into Turkey's hyperinflation crisis, which is marked by a worrisome inflation rate that exceeded 60% in 2023. It particularly tests if the Central Bank of Turkey comply with the modified Taylor Rule amid the factors like COVID-19, political unrest, and the Global Financial Crisis of 2008. Using the quarterly data which spans over 2000Q1 to 2022Q4, this study finds that monetary policy in Turkey is aberrant from what is predicted by the Taylor rule. The study’s findings are crucial for formulating nuanced monetary policies that balance price stability with economic growth. |
| dirty | 0 |
| eu_rights_str_mv | openAccess |
| format | masterThesis |
| fulltext.url.fl_str_mv | https://run.unl.pt/bitstreams/aa9fedf2-2cd6-4c81-b694-d4c26477582c/download |
| id | run_213a1eba3e8856df19dfd42e0004a6fd |
| identifier.url.fl_str_mv | http://hdl.handle.net/10362/175302 |
| inst_facet_str | urn:organizationAcronym:unl{{{_:::_}}}Universidade Nova de Lisboa |
| instacron_str | unl |
| institution | Universidade Nova de Lisboa |
| instname_str | Universidade Nova de Lisboa |
| language | eng |
| network_acronym_str | run |
| network_name_str | Repositório Institucional da UNL |
| oai_identifier_str | oai:run.unl.pt:10362/175302 |
| organization_str_mv | urn:organizationAcronym:unl |
| person_str_mv | Pinto, Joao Antonio Sousa |
| publishDate | 2024 |
| repo_facet_str | urn:repositoryAcronym:run{{{_:::_}}}Repositório Institucional da UNL |
| reponame_str | Repositório Institucional da UNL |
| repository_id_str | urn:repositoryAcronym:run |
| service_str_mv | urn:repositoryAcronym:run |
| spelling | engpt_PTThis study looks into Turkey's hyperinflation crisis, which is marked by a worrisome inflation rate that exceeded 60% in 2023. It particularly tests if the Central Bank of Turkey comply with the modified Taylor Rule amid the factors like COVID-19, political unrest, and the Global Financial Crisis of 2008. Using the quarterly data which spans over 2000Q1 to 2022Q4, this study finds that monetary policy in Turkey is aberrant from what is predicted by the Taylor rule. The study’s findings are crucial for formulating nuanced monetary policies that balance price stability with economic growth.application/pdfpt_PTAssessment of hyperinflation in Turkey: a comparative study of normal and augmented Taylor rulesPinto, Joao Antonio SousaFreitas, Miguel Lebre deHostingInstitutionOrganizationalRUNe-mailmailto:run@unl.ptrun@unl.ptURNurn:tid:2036003122024-11-15T13:14:46Z2024-01-292023-12-202024-01-29T00:00:00ZHandlehttp://hdl.handle.net/10362/175302http://purl.org/coar/access_right/c_abf2open accessTaylor ruleHyperinflationOutput gapInflation gapMonetary policyEconomic growthTurkish central bank482271 bytesliteraturehttp://purl.org/coar/resource_type/c_bdccmaster thesishttp://purl.org/coar/access_right/c_abf2application/pdffulltexthttps://run.unl.pt/bitstreams/aa9fedf2-2cd6-4c81-b694-d4c26477582c/download |
| spellingShingle | Assessment of hyperinflation in Turkey: a comparative study of normal and augmented Taylor rules Pinto, Joao Antonio Sousa Taylor rule Hyperinflation Output gap Inflation gap Monetary policy Economic growth Turkish central bank |
| status | SINGLETON |
| subject.fl_str_mv | Taylor rule Hyperinflation Output gap Inflation gap Monetary policy Economic growth Turkish central bank |
| title | Assessment of hyperinflation in Turkey: a comparative study of normal and augmented Taylor rules |
| title_full | Assessment of hyperinflation in Turkey: a comparative study of normal and augmented Taylor rules |
| title_fullStr | Assessment of hyperinflation in Turkey: a comparative study of normal and augmented Taylor rules |
| title_full_unstemmed | Assessment of hyperinflation in Turkey: a comparative study of normal and augmented Taylor rules |
| title_short | Assessment of hyperinflation in Turkey: a comparative study of normal and augmented Taylor rules |
| title_sort | Assessment of hyperinflation in Turkey: a comparative study of normal and augmented Taylor rules |
| topic | Taylor rule Hyperinflation Output gap Inflation gap Monetary policy Economic growth Turkish central bank |
| topic_facet | Taylor rule Hyperinflation Output gap Inflation gap Monetary policy Economic growth Turkish central bank |
| url | http://hdl.handle.net/10362/175302 |
| visible | 1 |