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Journals / Dumlupınar Üniversitesi Sosyal Bilimler Dergisi / 2009 / Cilt: 0 - Sayı: 23

The Asymmetric Effects of Positive and Negative Monetary Policy Shocks In Turkish Economy

Türkiye Ekonomisinde Pozitif ve Negatif Para Politikası Şoklarının Asimetrik Etkileri

Ethem Hakan ERGEÇ
Pages
333–343
Publication Date
2022-10-11
DOI
—
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AI Summary & Key Takeaways

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

This result supports the view of demand side asymmetry.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:The aim of this paper is to investigate the asymmetric effects of positive and negative monetary policy shocks on output and prices in Turkish economy for the period of 1990-2006.
📊
Key Findings & Data:Using two-step OLS method, it is found that the negative shocks have grater effects on output and prices than positive shocks.
💡
Conclusion & Impact:This result supports the view of demand side asymmetry.
🔬Design:Research Article
📍Scope:2006 Verileri
⚙️Variables:Domain Parameters

Abstract

The aim of this paper is to investigate the asymmetric effects of positive and negative monetary policy shocks on output and prices in Turkish economy for the period of 1990-2006. Using two-step OLS method, it is found that the negative shocks have grater effects on output and prices than positive shocks. This result supports the view of demand side asymmetry.

Özet

Bu çalışmanın amacı, Türkiye ekonomisinde 1990–2006 döneminde pozitif ve negatif para politikası şoklarının, çıktı ve fiyatlar üzerindeki asimetrik etkilerini incelemektir. Çalışmada iki aşamalı OLS yöntemi kullanılmıştır. Negatif şokların, çıktı ve fiyatlar üzerinde pozitif şoklara göre daha güçlü etkileri olduğu tespit edilmiştir. Bu sonuç, talep yönlü asimetri görüşünü desteklemektedir.

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Cite This Article

ERGEÇ, E. H. (2022). The Asymmetric Effects of Positive and Negative Monetary Policy Shocks In Turkish Economy. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi, Cilt: 0 - Sayı: 23, 333–343. https://ajindex.com/articles/493444

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