BAYAT, Tayfur; KAYHAN, Selim; DOĞAN, Çetin - In: Iktisat Isletme ve Finans 29 (2014) 334, pp. 95-120
This study investigates the causal dynamics between policy rate and inflation rates in BRIC-T countries by employing monthly data from the January 1993 to March 2012. The study benefits from the recent advance in the time series and carries out nonlinear cointegration, frequency domain test...