Browsing by Author "Yücel, Mustafa Eray"

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Effectiveness of monetary policy: evidence from Turkey

Avci, S. B.; Yücel, Mustafa Eray (Springer International Publishing, 2017-08)

An effective monetary policy framework is often viewed as a pre-condition for well-functioning financial markets. Yet measuring monetary policy effectiveness is not straightforward; it requires empirical work to understand ...
Performance of inflation targeting in retrospect

Kose, N.; Yalcin, Y.; Yücel, Mustafa Eray (Springer International Publishing, 2016)

Both inflation and inflation expectations declined considerably in the inflation targeting countries during the past two decades. The questions of whether this decline has actually been an outcome of inflation targeting ...