This paper analyzes the effects of monetary policy and fiscal adjustment on output and unemployment in Turkey. The model on which the analysis is based accounts for rural-urban migration, a large urban informal sector, flexible exchange rates, a dollarized banking system, and interactions between default risk on government liabilities, credibility, and inflation expectations. The short- and long-run effects of a rise in official interest rates and...
Подробнее
ПОДРОБНАЯ ИНФОРМАЦИЯ
-
2006/01/01
-
Рабочий документ в рамках исследования вопросов политики
-
WPS3804
-
1
-
1
-
2010/07/01
-
Disclosed
-
Disinflation, fiscal sustainability, and labor market adjustment in Turkey
-
formal sector
ФАЙЛЫ ДЛЯ СКАЧИВАНИЯ
ПОЛНЫЙ ОТЧЕТ
Официальная версия документа (может содержать подписи, и т.д.)