International monetary policy transmission

E Takáts, A Vela - BIS paper, 2014 - papers.ssrn.com
In this paper we investigate how monetary policy in advanced economies affects financial
conditions in emerging market economies (EMEs). We find evidence for the working of …

Foreign exchange market intervention in EMEs: what has changed?

D Domanski, E Kohlscheen… - BIS Quarterly Review …, 2016 - papers.ssrn.com
Abstract Since the Great Financial Crisis, emerging market economies have been more
active in FX markets. As rising dollar debt and increased exposure to global financing flows …

Managing short-term capital flows in new central banking: unconventional monetary policy framework in Turkey

AF Aysan, S Fendoglu, M Kilinc - Eurasian Economic Review, 2014 - Springer
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 …

[HTML][HTML] A brief assessment of Turkey's macroprudential policy approach: 2011–2015

H Kara - Central Bank Review, 2016 - Elsevier
The predominant role of cross border financial flows for macroeconomic and financial
stability has imposed complex policy trade-offs for emerging economies, especially after the …

Turkey's experience with macroprudential policy

H Kara - BIS Paper, 2016 - papers.ssrn.com
The global financial crisis have led to a reassessment of macroeconomic policy formulation
across the globe. As a consequence, countries have expanded their policy toolkits with …

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 …

Winter is possibly not coming: Mitigating financial instability in an agent-based model with interbank market

L Popoyan, M Napoletano, A Roventini - Journal of Economic Dynamics …, 2020 - Elsevier
We develop a macroeconomic agent-based model to study how financial instability can
emerge from the co-evolution of interbank and credit markets and the policy responses to …

[PDF][PDF] 1980 Sonrası Borçlanma Politikaları

T Derdiyok - Maliye Dergisi, 2001 - ms.hmb.gov.tr
Girilen her ekonomik kriz sonrasında, İMF yönlendirmeleri ile adına “istikrar tedbirleri”
denilen pek çok ekonomik paket programlar yürürlüğe konulmuştur. Ancak, arzulanan siyasi …

[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 …

Examination of money supply endogeneity in Turkey: Evidence from asymmetric causality test

D Dedeoglu, K Ogut - Cogent Economics & Finance, 2018 - Taylor & Francis
In this study, we examine the money supply endogeneity in Turkish economy for the post
crises period, between 2009.10 and 2016.12 by employing asymmetric causality test. Our …