The response of monetary policy to the COVID-19 pandemic in Turkey: The path of a credit-based economic recovery
Yazarlar (1)
Prof. Dr. Ümit BULUT Kırşehir Ahi Evran Üniversitesi, Türkiye
| Makale Türü |
Özgün Makale
(Diğer hakemli uluslarası dergilerde yayınlanan tam makale)
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| Dergi Adı | THEORETICAL AND APPLIED ECONOMICS | ||
| Dergi ISSN | 1844-0029 | ||
| Dergi Tarandığı Indeksler | EconLit | ||
| Makale Dili | İngilizce | Basım Tarihi | 03-2021 |
| Cilt / Sayı / Sayfa | 28 / 1 / 231–238 | DOI | – |
| Makale Linki | http://www.ectap.ro/the-response-of-monetary-policyto-the-covid-19-pandemic-in-turkeythe-path-of-a-credit-based-economic-recovery-umit-bulut/a1528/ | ||
| UAK Araştırma Alanları |
Para Politikası
Gelişme Ekonomisi - Makro
Enflasyon
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| Özet |
| The goal of this paper is to investigate the reaction of monetary policy in Turkey to the coronavirus disease pandemic through the credit channel. For this purpose, the paper employs nonlinear smooth transition models considering nonlinearity. The empirical findings show a positive reaction of monetary policy to the confirmed cases and deaths. Therefore, the paper discovers the credit channel in Turkey is likely to play a critical role in the fast recovery of the Turkish economy during the pandemic period. |
| Anahtar Kelimeler |
