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One of the important factors of decision units and policymakers to develop successful policies is the correct estimation of macroeconomic variables for future periods. Inflation is among these macroeconomic indicators, and to realize successful policies, it is necessary to minimize the real effects and severity of inflation, determine future changes and their effects, and predict inflation reliably. Accurate forecasting of inflation is important both in terms of the policies to be implemented and the investment decisions to be taken by the public and private sectors. In this context, quarterly data were selected for Turkey using the 2008-2023 time period. In the study, machine learning methods were used instead of traditional econometric methods, in which the difference between prediction and reality was minimized. Brent oil, Rediscount advance interest rate, money supply, CPI, tax revenues, general budget revenues, policy rate, US Dollar/TL parity, and GDP attributes, which are thought to affect inflation, were selected by using random forest, decision tree and multi-layered detector, which is an artificial neural networks method, which are alternative machine learning methods. With the selected attributes, it is aimed to determine the method and influencer to make the correct estimation. The analysis results show that the decision tree model predicts the most accurate inflation rate compared to the random forest and multilayer sensor. Another finding from the study is that the highest determinant of inflation in Turkey is the US dollar. [ABSTRACT FROM AUTHOR]

This study examines the impact of inflation and money supply on dollarization. Especially in recent years, the rapid rise of the exchange rate and inflation in Türkiye has put the phenomenon of dollarization back on the agenda. The study covers the period 2012Q4-2023Q4. The study first applies the Fourier ADL cointegration test, which allows for soft breaks. As a result of the test, it was found that the variables have a long run relationship. In the short run, only budget revenue has a positive effect on dollarization. In the long run, the exchange rate, exports, money supply, and deposit rates have a positive effect, while inflation has a negative effect. The study also applied the Fourier-Toda-Yamamoto causality test. As a result of the test, bidirectional causality was found between exchange rate, inflation and money supply variables and dollarization. The striking result of the study is that inflation has a negative impact on dollarization. This result, which is consistent with some studies in the literature, is attributed to the money supply. Although the demand for foreign exchange increases because the money supply is higher than inflation, the dollarization index decreases. This explanation can explain the negative relationship.

Copyright of InTraders International Trade Academic Journal / InTraders Uluslararası Ticaret Akademik Dergisi is the property of Kursat Capraz and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

In this study, it is aimed to investigate the relationship between Bitcoin prices and economic policy uncertainty (EPU), money supply (M3), and inflation using the ARDL bounds test and Toda-Yamamoto causality tests. In this context, the short- and longterm relationship between the mentioned variables was carried out for the BRIC (Brazil, Russia, India, and China) countries by using monthly data between August 2010 and December 2021. As a result of empirical analysis, it has been found that China's EPU index negatively affects Bitcoin in the long and short term. For India, the effect of the EPU index on the Bitcoin price in the long run is negative; no short-term effects were found. In Russia and Brazil, the EPU index was not found to be effective on Bitcoin. In the BRIC countries, the effect of inflation on Bitcoin is positive in the long run. The impact of M3 on Bitcoin turned out to be positive for India in the short term. Finally, according to the causality results, there is unidirectional causality from inflation to Bitcoin in India and Brazil. For China, from inflation to Bitcoin, there is a causal relationship between Bitcoin and economic policy uncertainty. The findings will contribute to Bitcoin investors and policy makers to take initiatives and develop regulations regarding Bitcoin by considering the effects of M3, inflation and EPU. [ABSTRACT FROM AUTHOR]

Copyright of Ekonomik Yaklaşim is the property of Ekonomik Yaklasim Dernegi (Ekonomik Yaklasim Association) and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Sakarya Journal of Economics / Sakarya Iktisat Dergisi is the property of Sakarya Journal of Economics / Sakarya Iktisat Dergisi and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Turkish Studies - Economics, Finance, Politics is the property of Electronic Turkish Studies and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Journal of Administrative Sciences / Yonetim Bilimleri Dergisi is the property of Canakkale Onsekiz Mart Universitesi, Terzioglu Kampusu and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Journal of Social Sciences Research / Sosyal Bilimler Arastirmalari Dergisi is the property of ODU Journal of Social Sciences Research and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

In this study, the two main dynamics of inflation, defined as demand-pull and cost-push inflation, are analyzed for the Turkish economy. Based on the fact that this basic dynamic in inflation may vary, the empirical structure of the study was created by taking into account the structural break in inflation. According to the empirical findings, it was concluded that the dynamics of inflation changed with the structural break in inflation. In terms of the Turkish economy, while demand-pull inflation was observed in the pre-structural break period when the domestic currency was appreciated. Cost-push inflation was more effective in the post-structural break period when the domestic currency was relatively depreciated due to the pass-through effect. Empirical findings show that after the structural break in inflation, a structural process was experienced in the Turkish economy in which money supply did not cause inflation. As it is known, the transfer of wealth from the lower income group to the higher income group accelerates during periods of high inflation. The insufficiency of effective demand, which decreases with the deepening of income inequality, also provides evidence for the fact that the money supply is not inflationary. [ABSTRACT FROM AUTHOR]

Banks, which are important actors of the overall economy and the financial system, are directly and indirectly affected by the developments in the global and national economy and continue their activities by being exposed to various risks. Therefore, the risks that banks are exposed to and the management of these risks are important. Liquidity risk, which is among the risks mentioned above, is of vital importance for banks and requires proactive management. In this context, this study aims to reveal the internal and external determinants of the Liquidity Coverage Ratio, which is an indicator of the liquidity level of banks in the Turkish banking sector, covering the Covid-19 period. The quarterly data of 19 commercial and 4 participation banks operating in Turkey between 2015/12 and 2021/9 were analysed by panel data analysis method within the scope of the established models. As a result of the analysis, it was concluded that there are statistically significant relationships between the liquidity level of the Turkish banking sector, which consists of deposit and participation banks within the scope of the sample, and bank-specific deposits, loan deposit ratio, return on equity, capital adequacy ratio, equity and asset size and macroeconomic factors money supply, credit default swap, control variable Covid period. [ABSTRACT FROM AUTHOR]

Copyright of Efil Journal of Economic Research / Efil Ekonomi Araştırmaları Dergisi is the property of Efil Journal of Economic Research and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Hacettepe University Journal of Economics & Administrative Sciences / Hacettepe Üniversitesi Iktisadi ve Idari Bilimler Fakültesi Dergisi is the property of Hacettepe University, Faculty of Economic & Administrative Sciences and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

In this study, the relationship between the current account balance, growth (BUY), money supply (M2) and reel effective exchange rate variables (RDK) for Turkey was analyzed for the period 2003Q1-2020Q4 using Autoregressive Distributed Lag Bound Test (ARDL) and Granger Causality Test. Current account balance excluding energy (EHCD) variable was used as dependent variable in the study. According to the analysis results, a long-term negative relationship was found between BUY and RDK variables with EHCD at the 5% significance level. Granger causality analysis results show that there is bidirectional causality between growth and current account balance excluding energy. Since growth in Turkey is dependent on imports, growth affects the external balance negatively by increasing domestic and foreign demand. On the other hand, there is unidirectional causality running from EHCD to money supply and real exchange rate, and from growth to money supply. In order for Turkey to get rid of the chronic current account deficit problem, it needs to produce export goods with high foreign demand, and reduce its dependence on foreign energy and other imported inputs. In this context, both the risks arising as a result of the current Russia-Ukraine tension and the targets of the Paris Climate Agreement to reduce environmental pollution reveal the importance of self-sufficiency in inputs and investments in renewable energy resources. [ABSTRACT FROM AUTHOR]

Copyright of Kastamonu University Journal of Economics & Administrative Sciences Faculty / Kastamonu Üniversitesi Iktisadi ve Idari Bilimler Fakültesi Dergisi is the property of Kastamonu University and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Erciyes Akademi is the property of Erciyes Universitesi Sosyal Bilimler Dergisi and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

In this study, the relationship between financial openness and macroeconomic indicators is examined by panel data analysis method. In the study, Dumitrescu-Hurlin Test and Panel ARDL Model were used, which show whether financial openness has an explanatory power on economic growth. In the study, the existence of a causal relationship between financial openness and economic growth in developing countries for the period 1995-2018 has been revealed. According to the panel ARDL results, increases in the degree of financial openness in the long run show that financial openness has a positive effect on economic growth for developing countries. While the level of financial openness has a positive effect on trade openness and large money supply in developing countries, an increase in the level of financial openness affects private sector loans negatively. [ABSTRACT FROM AUTHOR]

The aim of this study is to investigate the effect of demographic changes on inflation in Turkey. Although there is no direct theoretical explanation about the effects of changes in demographic structure on inflation, studies on the effect of changes in demographic structure on inflation in the national and international literature draw attention. In this study, the effects of demographic structure on inflation in Turkey were investigated by ARDL method. According to the findings of this study covering the years 1971-2020, while the dependent elderly population affects inflation as negatively in the long term, the dependent young population, exchange rate and money supply affect inflation as positively. According to the error correction model, it has been determined that a shock will be eliminated rate of 60% in the short term. [ABSTRACT FROM AUTHOR]

The COVID-19 Pandemic has affected all the economies globally. In order to reduce the adverse effects of the pandemic on the economy, governments have resorted to fiscal policies and monetary policies as they did in the 2008 Global Financial Crisis. In this framework, the most common policy that is conducted by the central banks has been quantitative easing again. The adverse effects of the monetary policies have been relatively low in developed economies since the monetary expansion was accompanied with fiscal policies such as transfer payments. However in Turkey, the negative effects on inflation and exchange rates arose due to the huge expansion in money supply and credits as the fiscal policies were limited. The aim of this study is to assess the effectiveness of the Central Bank policies and the financial measures taken in Turkey after the emergence of the pandemic crisis. The paper presents the policies of the Central Bank of Turkey and their results with international comparisons and provides recomendations. [ABSTRACT FROM AUTHOR]

Copyright of Journal of Financial Politic & Economic Reviews / Finans Politik & Ekonomik Yorumlar is the property of Journal of Financial Politic & Economic Reviews / Finans Politik & Ekomomik Yorumlar and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of International Journal of Economic & Social Research is the property of Abant Izzet Baysal University, Faculty of Economics & Administrative Sciences and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The main aim of the study is to investigate the international determinants of inflation in Turkish economy, whose current production and consumption structure is mostly dependent on imported inputs. With this aim, global commodity prices, global food prices, the ratio of broadly defined money supply M3 to GDP and exchange rate variables are used to see the impact of global energy prices and global food prices on domestic prices at the international level for the period 2006:Q1-2020:Q3. Relations between variables is analyzed by means of VAR blok Granger and time-varying causality analysis. The test results reveal that there exists a long-term relationship between inflation and global commodity prices, global food prices, the money supply and the exchange rate. As a result of examining the relationships between variables with the time-varying causality analysis, it is observed that there are bidirectional causalities between inflation and global commodity and food prices, money supply and exchange rate in the 2008:Q4 period. [ABSTRACT FROM AUTHOR]

The purpose of this paper is to explain the relationship between economic growth and financial development indicators such as credit volume, money supply, BİST 100 index, exports and imports in Turkey. In this study Johansen cointgeration, vector error correction model estimation, granger causality test, impulse-response and variance decomposition analysis are undertaken. According to Johansen cointegration analysis, it is found that there is a long-run relationship between the economic growth, BİST 100 index, inflation, export, import, credit volume and monetary aggregate M2. According to Granger causality tests there is one-way causality relation from economic growth to BİST 100 stock market index which is an indicator of capital markets and monetary aggregate M2. In this case bank credit volume is not found to be the reason for the economic growth. Impulse-response analysisshow that the response of economic growth one period later to one standard deviation shock in BİST 100 stock market index. The findings obtained during the period of study show that economic growth in the Turkish economy leads to an increase in demand in financial services and thus the demand-push hypothesis which states that it causes financial expansion is confirmed. [ABSTRACT FROM AUTHOR]

In this study, the effect of macroeconomic variables on stock returns in Borsa Istanbul is examined. XU100, XTUMY, XUMAL, XUHIZ, and XUSIN stock market indices were used as dependent variables; and money supply, interest rates, inflation rates, exchange rate, and confidence indices are used as independent variables. The data set covers the years between 2010 and 2020. In the study in which the least-squares method was used, the relationship between variables was tested in monthly and quarterly periods. According to the findings obtained from the research, it has been determined that (1) there is a positive relationship between money supply and small-cap companies and manufacturing companies, (2) there is a negative relationship between interest rates and large-cap companies and financial companies, (3) there is a positive relationship between composite leading indicator and large companies, small companies and financial companies, and (4) there is a negative relationship between the exchange rate and large-cap companies, financial companies and service companies. [ABSTRACT FROM AUTHOR]

Gold, which has been a symbol of wealth throughout human history is the most important precious metal that has preserved its value for thousands of years and continuously increases its value. Today its importance is increasing as an investment instrument in addition to being used as jewelry and in the industrial field although it was generally used as a means of money making and payment in ancient times. Frequent economic fluctuations in recent years reduce the confidence of individuals and financial institutions in various investment instruments, making gold a more preferred investment tool and an ever-increasingly attractive safe haven in times of crisis. Gold has an indispensable place and importance in protecting the value of the currencies of the countries and their assets when considered at the scale of central banks and states. With the study in the form of a literature review, it is aimed to make an assessment on the global supply and demand of this precious metal, which has increased significantly due to the excessive money supply of the central banks and the financial crises experienced in recent years, and the examination of the gold markets around the world. [ABSTRACT FROM AUTHOR]

Copyright of Omer Halisdemir Universitesi Iktisadi ve Idari Bilimler Fakültesi Dergisi is the property of Omer Halisdemir University, Faculty of Economics & Admistrative Sciene and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Itobiad: Journal of the Human & Social Science Researches / İnsan ve Toplum Bilimleri Araştırmaları Dergisi is the property of Itobiad: Journal of the Human & Social Science Researches and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Para arzı ve enflasyon arasındaki ilişki iktisat teorisinde büyük ilgi gören ve yaygın bir şekilde araştırılan konulardan biridir. Bu çalışmanın amacı, para arzı, faiz oranı ve döviz kuru ile enflasyon oranı arasında yakın ilişki bulunabileceği hipotezini, 2006:Q4-2018:Q4 dönemine ait üç aylık Türkiye verileri ile test etmektir. Bu hipotezin test edilmesi için kullanılan değişkenlerin durağanlık analizlerinde faiz değişkeninin I(0) olması diğerlerinin I(1) olması nedeniyle ARDL sınır testi yaklaşımı kullanılmıştır. Analiz sonuçlarına göre, faiz oranı ile enflasyon arasında uzun dönemde anlamlı ve pozitif yönde bir ilişki bulunmuştur, fakat bu ilişki çok zayıftır. Diğer yandan döviz kuru ile enflasyon arasında istatistiksel olarak anlamlı bir ilişki bulunmamıştır. Analiz sonuçları ayrıca M2 para arzı büyüklüğü ile enflasyon oranı arasında uzun dönemde istatistiksel olarak anlamlı ve pozitif yönlü bir ilişki olduğunu göstermektedir. Ancak bu ilişki de paranın miktar teorisinde belirtildiği gibi güçlü bir ilişki değildir. Dolayısıyla Türkiye’deki enflasyonun belirleyicileri arasında maliyet itişli ve yapısal faktörlere vurgu yapmak gereklidir.

Copyright of Journal of Financial Researches & Studies / Finansal Araştirmalar ve Çalişmalar Dergisi is the property of Marmara University, School of Banking & Insurance and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Journal of Management & Economics Research is the property of Journal of Management & Economics Research and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Foreign currency reserves are important external assets held by countries in cases of international payment difficulties. Especially in the recent period, it has become more important for countries as it minimizes future insecurity and instills confidence. In this study, the relationship in Turkey between money supply and foreign exchange reserves is discussed. In the study, the subject is handled with the monetary balance of payments approach, unlike the other studies in the literature. In the study where the period of 2008: 01-2019: 12 is dealt with, the stationarity examination is made with ADF and RALS-ADF unit root tests. After determining that the variables are not stationary at the level, EG and RALS-EG cointegration tests are performed. According to the test results, the existence of a long-term relationship between variables has been revealed. ADF unit root test and EG cointegration tests are also included in the analysis for comparison. After the estimation results of the variables, it is concluded that the increase in money supply increases the foreign exchange reserves in accordance with the theory. [ABSTRACT FROM AUTHOR]

Son dönemde Türkiye ekonomisinde yaşanan fiyat istikrarsızlıklarının reel sektörü etkilemeye başlamasından dolayı politika yapıcıların fiyat istikrarsızlığına neden olan faktörleri tespit edip, buna uygun politikalar üretmesi elzem hale gelmiştir. Bu amaçla çalışmada, 2006:Q1-2018:Q2 dönemine ait çeyreklik veriler kullanılarak Türkiye’de enflasyonun belirleyicileri ARDL Sınır Testi ile araştırılmaktadır. Çalışmada tüketici fiyat endeksi açıklanan değişken olarak alınırken, para arzı, Dolar/TL döviz kuru, döviz kuru oynaklığı, kredi ve mevduatlara uygulanan faiz oranı, GSYİH ve bütçe açığı değişkeni açıklayıcı değişken olarak kullanılmıştır. ARDL Sınır Testinden elde edilen sonuçlar, değişkenler arasında uzun dönemli ilişkinin varlığını ortaya koymaktadır. Ayrıca uzun dönemde para arzı, bütçe açığı ve ihtiyaç kredilerine uygulanan faiz oranının enflasyon ile pozitif ilişkili olduğu sonucuna ulaşılırken, kısa dönemde ise para arzı ve bütçe açığı (dengesi) değişkenlerinin enflasyon ile pozitif ilişkili olduğu sonucuna ulaşılmıştır. Belirsizlik ölçütü olarak çalışmaya dâhil edilen döviz kuru oynaklığının kısa ve uzun dönemde enflasyonu tetiklediği ancak bu etkinin istatistiki açıdan anlamsız olduğu tespit edilmiştir.

Copyright of Bartin University Journal of Faculty of Economics & Administrative Sciences / Bartın Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi is the property of Bartin University, Faculty of Economics & Administrative Sciences and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Journal of the Cukurova University Institute of Social Sciences is the property of Cukurova University Institute of Social Sciences and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Electronic Turkish Studies is the property of Electronic Turkish Studies and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The effects of monetary policy on aggregate demand occur through transmission mechanism channels. Nowadays, the preference of monetary policies rather than fiscal policies in order to influence the economies enables both monetary transmission mechanism to remain on the agenda and to examine various channels affecting the economy. In this context, in this study, the introduction of the monetary transmission mechanism channels, to reveal the functioning mechanism in Turkey's economy and the empirical evidence is to investigate the effectiveness of monetary transmission channels. Accordingly, the efficiency of the channels has been analyzed with the structural VAR (SVAR) analysis using monthly data for the period 2011: 01-2018: 09, and according to empirical findings, it has been concluded that the channels of monetary transmission mechanism are effective on the real economy. [ABSTRACT FROM AUTHOR]

The purpose of this study is to investigate the relationship between the monetary aggregates items on the Balance Sheet of Central Bank of the Republic of Turkey [CBRT] and economic growth and inflation. In the research, for the monetary aggregates items it is used central bank money, monetary base and reserve money. For the 2003Q1-2019Q4 period, long-term relationships between variables were evaluated using Engle and Granger Cointegration Analysis and short-term relationships Error Correction Model and VAR/Granger Causality Analysis. The results obtained from the study are that there is no statistically significant relationship between CBRT's balance sheet monetary aggregates and economic growth in the long term. In the short term, only central bank money is the Granger cause of economic growth. On the other hand, there is a statistically significant positive relationship between the CBRT's balance sheet monetary aggregates and inflation both in the long run and the short run. In light of these results, it is very important for policymakers to be sensitive in determining and monitoring monetary aggregates, especially in line with the purpose of price stability. [ABSTRACT FROM AUTHOR]

In this study, the effects of monetary and fiscal policies on the stock market were examined in Turkey. M3/GDP was used to measure monetary policy and primary budget balance/GDP was used to measure fiscal policy as independent variables. As a dependent variable, the return of the BIST100 index was determined to measure the performance of Borsa Istanbul. In the data set, the period between 20061Q and 20193Q is covered. ADF test is used to test the stationarity of variables. ARDL boundary test and ECM were used to determine the short-term and longterm relationships between variables. Finally, CUSUM and CUSUM x2 tests have been implemented to understand whether structural breaks affect the results of the study. According to the research findings, negative changes in the budget balance and the increase in the M3 money supply have a statistically significant positive effect on the BIST100 return index. [ABSTRACT FROM AUTHOR]

Copyright of International Journal of Economic & Social Research is the property of Abant Izzet Baysal University, Faculty of Economics & Administrative Sciences and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Central banks are the most important institutions that enable countries to implement monetary policy. Central bank autonomy is defined as keeping away from the pressures of the government while making and performing decisions on monetary policy. Existence of developed financial markets and being focused on price stability by monetary policy are among the essential conditions in terms of central bank autonomy. Monetary and fiscal policies should be determined and implemented so as to provide economic stability. Accordingly, it was aimed in this study to scrutinize the effects of autonomy of Central Bank of Turkey (CBT) on macroeconomic variables (inflation, money supply, growth and budget deficit) for the period of 1990- 2018. It is concluded when the obtained data are analyzed that there occurs a positive impact by the guarantee of both legal and actual autonomy of CBT. [ABSTRACT FROM AUTHOR]

In this study, the monetary base growth rate in Turkey is questioning whether a relationship between economic growth. In the study, "Wide money supply (M3)" and "Growth" variables for the period 1969-2017 were subjected to an empirical analysis. ARDL test was applied to investigate the presence of co-integration between the "Growth" series and the "Large Money Supply (M3)" series. Results show that there is a co-integration (long-term) relationship between "monetary base growth" and "economic growth" in Turkey. Then, with the ARDL model, it is seen that financial development has a long-term enhancing effect on growth. As a result of the Granger causality test with the Toda Yamamoto approach applied to determine the causality relationship between the series, it was observed that there was no causality between the two series. Referring to Turkey's economy is that there is a significant impact on the growth of the money supply. Because an advanced financial system is needed in order to target sustainable growth requirements. For this reason, economic growth should be supported by developing the right policies without ignoring the money supply or the monetary base. [ABSTRACT FROM AUTHOR]

Copyright of Itobiad: Journal of the Human & Social Science Researches / İnsan ve Toplum Bilimleri Araştırmaları Dergisi is the property of Itobiad: Journal of the Human & Social Science Researches and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Journal of Business Economics & Management Research is the property of Bayburt University and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Istanbul Commerce University Journal of Social Sciences / İstanbul Ticaret Üniversitesi Sosyal Bilimler Dergisi is the property of Istanbul Commerce University Journal of Social Sciences and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Journal of Financial Politic & Economic Reviews / Finans Politik & Ekonomik Yorumlar is the property of Journal of Financial Politic & Economic Reviews / Finans Politik & Ekomomik Yorumlar and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The main purpose of this study is to investigate the factors that the impact of macroeconomic variables, which is effective on money demand and the stability of the money demand function in Turkey. The analysis covers the period after the 2008 financial crisis, where there was powerful monetary easing in developed countries (2008-2018). In the study, the M2 money supply is preferred as monetary aggregates. Variables that are investigated the effect are real income, interest rate and exchange rate. ARDL approach and CUSUM-CUSUMSQ test are used as methods. The analysis is performed with quarterly data. According to the results of the analysis, real income and exchange rate have a positive effect and the interest rate has a negative effect on money demand in the long term. In the short term, while the effect of real income and exchange rate on money demand continue, the effect of interest rate is disappeared. [ABSTRACT FROM AUTHOR]

Copyright of Optimum: Journal of Economics & Management Sciences / Ekonomi ve Yönetim Bilimleri Dergisi is the property of Optimum: Journal of Economics & Management Sciences and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The aim of this study, based on the hypothesis that there is a close relationship between budget deficits and monetary growth,is to determine the effect of these variables on inflation for Turkish economy using quarterly data on 1980-2014 period. The ARDL bounds testing approach is used in determining this relationshipbecause of variables at different levels stationary as a result of stability analysis.According to the results, while there is a significant and positive relationship between inflation and money supply, there is not significant relationship between inflation and the budget deficit in the long term

Copyright of Journal of Social Sciences Institute / Sosyal Bilimler Enstitüsü Dergisi is the property of Bingol University / Rectorate and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)