Monetary Actions Towards Inflation in Turkey | A Critical Evaluation
Arzu Alvan
ISBN 10: 3843351600 ISBN 13: 9783843351607
Published by LAP LAMBERT Academic Publishing, 2012
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Monetary Actions Towards Inflation in Turkey | A Critical Evaluation | Arzu Alvan | Taschenbuch | 84 S. | Englisch | 2012 | LAP LAMBERT Academic Publishing | EAN 9783843351607 | Verantwortliche Person für die EU: preigu GmbH & Co. KG, Lengericher Landstr. 19, 49078 Osnabrück, mail[at]preigu[dot]de | Anbieter: preigu. Seller Inventory # 106954984
Synopsis:
In Turkish economy, current inflation rate is the result of accumulation of past experiences. Namely, current inflation rate is determined by recent cost and demand dynamics along with the expectations of agents with a time lag. One of the major findings of this study is that, according to the Granger- Causality Analysis utilized in the econometric part of this thesis, in Turkish economy, actually the increase in inflation rate leads to increase in money demand that leads to increase in M2 money supply, which is the source of further price increases. If these factors determining the current inflation rate persist in the future, there is no doubt that the future inflation will be no different from the present and the past.
About the Author: Arzu Alvan has got her PhD. from the Department of Economics at Eastern Mediterranean University at 2009. Alvan`s research areas of interest cover mathematical analysis, productivity and growth, capital productivity and income inequality.
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Bibliographic Details
Title: Monetary Actions Towards Inflation in Turkey...
Publisher: LAP LAMBERT Academic Publishing
Publication Date: 2012
Binding: Taschenbuch
Condition: Neu