Yazarlar

• Okur, Fatih(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

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