Fiscal Imbalances, Capital Inflows, and the Real Exchange Rate : The Case of Turkey

The Case of Turkey

Fiscal Imbalances, Capital Inflows, and the Real Exchange Rate : The Case of Turkey
This paper examines the links between fiscal policy, capital inflows, and the real exchange rate in Turkey since the late 1980s. After an overview of recent macroeconomic developments in Turkey, a vector autoregression model is estimated linking government spending, interest rate differentials, capital inflows, and the temporary component of the... READ MORE...

Publication date: January 1997
ISBN 9781451841596
$15.00

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