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Journals / Industrial Policy / 2025 / Volume: 5 Issue: 2

Macroeconomic Fluctuations and The CBRT's Policy Response During The Covid-19 Pandemic

Hüseyin Karagöz(İSTANBUL TİCARET ÜNİVERSİTESİ)0000-0002-5973-5402
Nazım Ekren(İSTANBUL TİCARET ÜNİVERSİTESİ)0000-0002-7550-1673
Fatih Sucu(İSTANBUL TİCARET ÜNİVERSİTESİ)0000-0001-5639-1133
Pages
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Publication Date
2025-12-31
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

The findings indicate a positive relationship between the policy rate and inflation rate, and a negative relationship between inflation and unemployment rates, demonstrating that the Covid-19 pandemic has significant effects on these variables and the relationship between them.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:The Covid-19 pandemic has had significant macroeconomic effects on the Turkish economy, as it has on all countries, causing serious fluctuations in key areas such as production, consumption, investment, and employment.
📊
Key Findings & Data:This study examined the relationships among the policy rate, inflation rate, and unemployment rate, and analysed the effects of the Covid-19 pandemic on these variables and the relationships between them.
💡
Conclusion & Impact:The findings indicate a positive relationship between the policy rate and inflation rate, and a negative relationship between inflation and unemployment rates, demonstrating that the Covid-19 pandemic has significant effects on these variables and the relationship between them.
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Covid-19 · Pandemic · Central Bank

Abstract

The Covid-19 pandemic has had significant macroeconomic effects on the Turkish economy, as it has on all countries, causing serious fluctuations in key areas such as production, consumption, investment, and employment. During this process, the central bank implemented expansionary policies in response to the effects of the pandemic and aimed to minimize the effects of the crisis. This study examined the relationships among the policy rate, inflation rate, and unemployment rate, and analysed the effects of the Covid-19 pandemic on these variables and the relationships between them. The findings indicate a positive relationship between the policy rate and inflation rate, and a negative relationship between inflation and unemployment rates, demonstrating that the Covid-19 pandemic has significant effects on these variables and the relationship between them.

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Cite This Article

Karagöz, H., Ekren, N., Sucu, F. (2025). Macroeconomic Fluctuations and The CBRT's Policy Response During The Covid-19 Pandemic. Industrial Policy, Volume: 5 Issue: 2. https://doi.org/10.61192/indpol.1764400

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