The main goal of monetary authority is to create a stable output and price level in the economy. Policies to be used depend upon the relative weights of above goals for the monetary authority. Also, the expectations of other economic institutions are important for policy determination. Within...

According to Rogoff, economic variables may fluctuate due to changes in economic policies. In the long run, economic policies result in increases in fluctuations in inflation rate without increasing average outp level. From the perspective of Rogoff, problems regarding inflation instability can...

In this study, the monetary and exchange rate policies followed by the Central Bank of Turkey (CBT) in the period between 1990 and 2000 are examined with the help of anchors. The CBT executed the monetary policies by means of monetary programs. In order to increase its credibility and reduce...

Gelir eşitsizliği ile sağlık çıktıları arasındaki ilişki ağırlıklı bir şekilde gelişmiş ülkelerde çalışılmış bir konudur. Gelir eşitsizliği hipotezi bireylerin sağlık statülerinin gelirden bağımsız olarak yaşadıkları toplumdaki gelir eşitsizliğinden olumsuz...

After major liberalization efforts by Turkish officials in the 1980s, the arguments about full membership in the European Union (EU) have become a priority for Turkey because Turkey's joining the EU will have a strong impact on the macroeconomic structure of both Turkey and the EU. In order to...

In this article, the study is done with the view of Nauri model, Keynes and Classical doctrine. According to the Classical doctrine, while the ratio of technology and mark-up depends on data, the value balance of unemployment level is determined by the share that the employees get from the whole...