Yazarlar

• Okur, Fatih(2)
• Akkuş, Ömer(1)
• Durmaz, Atakan(1)

• MakaleAçık Erişim2026Scopus SJRQ3/r/bayburt/12741
  Structural Transformation in Interest Rate and Inflation Dynamics: The Case of Türkiye’s Post-2021 Policy Regime Shift; [Faiz ve Enflasyon Dinamiklerinde Yapısal Dönüşüm: Türkiye Örneğinde 2021 Sonrası Rejim Değişimi]

  Okur, Fatih

  This study examines the relationship between inflation and interest rates in Türkiye during the 2015-2024 period, with a specific focus on the monetary policy shift implemented in September 2021. Using the ARDL model, Toda-Yamamoto causality test, and structural break analysis, the findings reveal a reversal in the inflation-interest rate relationship after the policy change. The results suggest that the observed dynamics may reflect not a temporary anomaly but a structural transformation aligned with the Neo-Fisher effect, offering critical insights into the effectiveness of monetary policy under changing regimes.

  AtıfOpenAlex1

  İncele
• MakaleYalnız künye2019Scopus SJRQ1/r/bayburt/13804
  The effectiveness of the monetary transmission mechanism channel in Turkey

  Okur, Fatih; Akkuş, Ömer; Durmaz, Atakan

  This study investigates on which channels the monetary transmission mechanism works effectively. In this context, quarterly data for the period 2005-2017 is used for Turkey and the variables used to determine the efficiency of the monetary transmission mechanism are analyzed by the VAR method. The obtained results indicate that the loans and reserves have a more effective role on the inflation as a channel of the monetary transmission mechanism. According to the long run results, while the exchange rate and reserves channel have a negative effect on the real GDP, it is revealed that loans have a positive effect on the real GDP in the long run stabilization.

  AtıfScopus3

  İncele