TESTING THE CREDIBILITY OF TURKISH POLICY ANNOUNCEMENTS
This
paper examines the credibility of two cases of policy announcements: namely being the
monetary programming 1990, and the stabilization programming 1994 in Turkey
by usin error correction methodology, along with Chow stability
tests. The paper concludes that two economic policy announcements are not
characterized as credible by public.
Anahtar Kelimeler:
Credibility, Economic Policy Anncuncelnents, Monetary Policy Games, Time Inconsistency
___
- Apergis, Papanastasiou, J. and Velentzas, K, (1997), "The credibility of policy announcements: Greek cvidence," Applied Economics, 29, pp.699-705.
- Yayın Aralığı: Yılda 4 Sayı
- Başlangıç: 1983
- Yayıncı: Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dekanlığı
Sayıdaki Diğer Makaleler
TESTING PURCHASING POWER PARITY HYPOTHESIS FOR TURKISH ECONOMY
GELENEKSEK GÜMRÜK BİRLİĞİ TEORİSİ
THE CONCENTRATION-LABOR EARNINGS HYPOTHESIS: NEW EVIDENCE FROM THE U.S. MANUFACTURING INDUSTRIES
AN ANALYSIS OF FOREIGN DIRECT INVESTMENT ACTIVITY IN TURKEY
KEYNES'İN İSTİHDAM VE ÜCRET ANALİİZİ
YOUTH AND THE CONSUMER INDUSTRY
YENİ ÜRÜN SUNUMUNA PAZARDAKİ MEVCUT FİRMALARIN TEPKİ VERME SÜRELERİNİN ÖNEMİ