The Effects of Structural Shocks on Macroeconomic Fundamentals under Aggressive Monetary Policy: The Case of Turkey

Purpose: This study aims to investigate the impact of aggressive monetary policy in terms of inflation on the effects of structural shocks over macroeconomic fundamentals in Turkey. For this purpose, we estimate the basic new Keynesian model by using the Bayesian method for the period of 2000Q1 to 2...

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Bibliographic Details
Main Authors: Mahmut Sami Güngör, Bülent Güloğlu
Format: Article
Language:English
Published: Eastern Macedonia and Thrace Institute of Technology 2019-12-01
Series:International Journal of Business and Economic Sciences Applied Research
Subjects:
Online Access:http://ijbesar.ihu.gr/docs/volume12_issue2/12_02_01.pdf