Managing short-term capital flows in new central banking: unconventional monetary policy framework in Turkey
During the global financial crisis of 2008–2009, both advanced and emerging countries
have implemented significant easing policies on monetary and fiscal fronts. Yet, the …
have implemented significant easing policies on monetary and fiscal fronts. Yet, the …
Reserve option mechanism as a stabilizing policy tool: Evidence from exchange rate expectations
A Değerli, S Fendoğlu - International Review of Economics & Finance, 2015 - Elsevier
During the recent era, many emerging market economies have implemented unconventional
policy measures to mitigate the effect of large swings in short-term capital flows on domestic …
policy measures to mitigate the effect of large swings in short-term capital flows on domestic …
[PDF][PDF] Impact of reserve option mechanism on exchange rate volatility during the FED's tapering period
E Demirbas, N Can - Journal of Central Banking Theory and Practice, 2022 - sciendo.com
This study investigates the effectiveness of ROM. We conducted the GARCH (1, 1) Model to
determine whether ROM contributed to decreasing the volatility of USD/TL exchange rate for …
determine whether ROM contributed to decreasing the volatility of USD/TL exchange rate for …
Cross-border portfolio flows and the role of macroprudential policies: experiences from Turkey
The last three decades have been marked by financial market globalisation and a higher
degree of integration of emerging markets into the world economy. One distinct feature of …
degree of integration of emerging markets into the world economy. One distinct feature of …
[PDF][PDF] Reserve options mechanism
E Öztekin - 2019 - core.ac.uk
In this context, the result of the study indicates that during the periods like financial
turbulence Turkish financial system experienced in 2018, the factors affecting ROM …
turbulence Turkish financial system experienced in 2018, the factors affecting ROM …