The Effects of External Monetary Policy Shocks on Turkish Macroeconomic Variables

TİRYAKİ, Ahmet

The Effects of External Monetary Policy Shocks on Turkish Macroeconomic Variables

Ahmet TİRYAKİ (Anadolu Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, Eskişehir, Türkiye)

Selçuk Üniversitesi İktisadi ve İdari Bilimler Fakültesi Sosyal ve Ekonomik Araştırmalar Dergisi

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Yıl: 2005 Cilt: 5 Sayı: 9 Sayfa Aralığı: 203 - 227 Metin Dili: Türkçe İndeks Tarihi: 29-07-2022

The Effects of External Monetary Policy Shocks on Turkish Macroeconomic Variables

Öz:

Ekonomik olarak gelişmiş ülkelerin para politikalarindaki değişiklikler sadece bu ülkelerin reel makro ekonomik değişkenlerini değil aynı zamanda effektif talep dışşallıklan yoluyla onlarla ekonomik ve finansal anlamda entegre olan diğer ülkelerin reel makro değişkenlerine etki etmektedir. Bu çalışma ampirik olarak Amerika ve Almanya gibi ekonomik anlamda büyük ülkelerin uygulamış oldukları tight(sıkı) para politikalarının Türkiye gibi küçük ülkelerin finansal piyasalarını ve reel çıktılarını negatif yönde etkilediğini ortaya koymaktadır.

Anahtar Kelime: para politikası Türkiye ekonomisi

Öz:

Monetary policy shocks of a large country such as the U.S. have real effects not only domestically but also abroad, affecting foreign macroeconomic variables through aggregate demand externalities. This paper presents empirical evidence that when a relatively small economy, such as Turkey, attempts to prevent inflation surges by pegging or fixing its currency to hard currencies, contractionary monetary policies in large countries have negative effects on that small economy's stock returns and output.

Anahtar Kelime: monetary policy Turkish economy

Belge Türü: Makale Makale Türü: Araştırma Makalesi Erişim Türü: Erişime Açık

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APA	TİRYAKİ A (2005). The Effects of External Monetary Policy Shocks on Turkish Macroeconomic Variables. , 203 - 227.
Chicago	TİRYAKİ Ahmet The Effects of External Monetary Policy Shocks on Turkish Macroeconomic Variables. (2005): 203 - 227.
MLA	TİRYAKİ Ahmet The Effects of External Monetary Policy Shocks on Turkish Macroeconomic Variables. , 2005, ss.203 - 227.
AMA	TİRYAKİ A The Effects of External Monetary Policy Shocks on Turkish Macroeconomic Variables. . 2005; 203 - 227.
Vancouver	TİRYAKİ A The Effects of External Monetary Policy Shocks on Turkish Macroeconomic Variables. . 2005; 203 - 227.
IEEE	TİRYAKİ A "The Effects of External Monetary Policy Shocks on Turkish Macroeconomic Variables." , ss.203 - 227, 2005.
ISNAD	TİRYAKİ, Ahmet. "The Effects of External Monetary Policy Shocks on Turkish Macroeconomic Variables". (2005), 203-227.

APA	TİRYAKİ A (2005). The Effects of External Monetary Policy Shocks on Turkish Macroeconomic Variables. Selçuk Üniversitesi İktisadi ve İdari Bilimler Fakültesi Sosyal ve Ekonomik Araştırmalar Dergisi, 5(9), 203 - 227.
Chicago	TİRYAKİ Ahmet The Effects of External Monetary Policy Shocks on Turkish Macroeconomic Variables. Selçuk Üniversitesi İktisadi ve İdari Bilimler Fakültesi Sosyal ve Ekonomik Araştırmalar Dergisi 5, no.9 (2005): 203 - 227.
MLA	TİRYAKİ Ahmet The Effects of External Monetary Policy Shocks on Turkish Macroeconomic Variables. Selçuk Üniversitesi İktisadi ve İdari Bilimler Fakültesi Sosyal ve Ekonomik Araştırmalar Dergisi, vol.5, no.9, 2005, ss.203 - 227.
AMA	TİRYAKİ A The Effects of External Monetary Policy Shocks on Turkish Macroeconomic Variables. Selçuk Üniversitesi İktisadi ve İdari Bilimler Fakültesi Sosyal ve Ekonomik Araştırmalar Dergisi. 2005; 5(9): 203 - 227.
Vancouver	TİRYAKİ A The Effects of External Monetary Policy Shocks on Turkish Macroeconomic Variables. Selçuk Üniversitesi İktisadi ve İdari Bilimler Fakültesi Sosyal ve Ekonomik Araştırmalar Dergisi. 2005; 5(9): 203 - 227.
IEEE	TİRYAKİ A "The Effects of External Monetary Policy Shocks on Turkish Macroeconomic Variables." Selçuk Üniversitesi İktisadi ve İdari Bilimler Fakültesi Sosyal ve Ekonomik Araştırmalar Dergisi, 5, ss.203 - 227, 2005.
ISNAD	TİRYAKİ, Ahmet. "The Effects of External Monetary Policy Shocks on Turkish Macroeconomic Variables". Selçuk Üniversitesi İktisadi ve İdari Bilimler Fakültesi Sosyal ve Ekonomik Araştırmalar Dergisi 5/9 (2005), 203-227.