Yazar "Berument, M. Hakan" için listeleme
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Credit channel and capital flows: A macroprudential policy tool? Evidence from Turkey
Varlık, Serdar; Berument, M. Hakan (Walter de Gruyter GmbH, 2016)Rapid credit growth induced by sudden capital inflows may negatively affect a country's economic performance, with the resulting outflows turning into a financial crisis. The purpose of this study is to determine whether ... -
Duration of Global Financial Cycles
Akdi, Yılmaz; Varlık, Serdar; Berument, M. Hakan (Elsevier, 2020)The duration of Global Financial Cycles (GFCs) have a role in the global financial environment which is shaped by the fluctuations in short-term capital flows, changes in monetary conditions in the center economies and ... -
The effect of output growth volatility on output growth: empirical evidence from Turkey
Ülke, Volkan; Varlık, Serdar; Berument, M. Hakan (Routledge, 2019)This article assesses the effect of output growth volatility on output growth within a stochastic-volatility-in-mean model with a time-varying framework for an open small economy: Turkey. Until now, the empirical evidence ... -
Monetary policy under a multiple-tool environment
Varlik, Serdar; Berument, M. Hakan (Wiley, 2020)Since the 2008 global financial crisis, central banks have been using a new set of policy tools in addition to conventional tools (such as short-term interest rates) to conduct monetary policy. This paper employs a methodology ... -
Multiple policy interest rates and economic performance in a multiple monetary-policy-tool environment
Varlık, Serdar; Berument, M. Hakan (Elsevier Inc., 2017)This paper assesses the individual effects on economic performance of different monetary policy interest rates for a central bank. To measure these effects, we employ an extension of existing Factor-Augmented Vector ... -
Oil price shocks and the composition of current account balance
Varlik, Serdar; Berument, M. Hakan (Central Bank Republic Turkey, 2020)It is a well-established regularity that permanent oil price shocks do not have a permanent effect on the current account deficit. This requires that sub-components of the current account or trade balance will make the ... -
Oil price shocks and the composition of current account balance
Varlık, Serdar; Berument, M. Hakan (2020)It is a well-established regularity that permanent oil price shocks do not have a permanent effect on the current account deficit. This requires that sub-components of the current account or trade balance will make the ... -
The time-varying effect of inflation uncertainty on inflation for Turkey
Varlık, Serdar; Ülke, Volkan; Berument, M. Hakan (Routledge, 2017)We investigate the effect of inflation uncertainty on inflation from January 1982 through March 2016 for Turkey by using the Stochastic Volatility in Mean model with time-varying parameters. Our empirical evidence from ...