Yazar "Cicek, Serkan" için listeleme
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DO INFLATION EXPECTATIONS CONVERGE TOWARD INFLATION TARGET OR ACTUAL INFLATION? EVIDENCE FROM EXPECTATION GAP PERSISTENCE
Cicek, Serkan; Akar, Cuneyt (Central Bank Republic Turkey, 2014)Anchoring inflation expectations to inflation targets rather than actual inflation implies a credible monetary policy. We utilized a quantile autoregression approach developed by Koenker and Xiao (2004) in order to analyse ... -
Interest rate pass-through in Turkey during the period of unconventional interest rate corridor
Sahin, Sercin; Cicek, Serkan (Amer Inst Mathematical Sciences-Aims, 2018)After adopting new monetary policy framework at the end of 2010, the Central Bank of the Republic of Turkey (CBRT) started actively using both multiple short-term policy rates and funding composition over the banks in order ... -
A New Test of Exchange Rate Pass-through in a Small Open Economy: Evidence from Asymmetric ARDL Bounds Approach
Cicek, Serkan; Boz, Cigdem (Bilgesel Yayincilik San & Tic Ltd, 2013)In this paper, we investigate the asymmetric effect of exchange rate movements on prices in both expansion and recession cycles for the inflation targeting (IT) period in Turkey, from 2002:M1 to 2012:M10, by using a ... -
Spillover effect in financial markets in Turkey
Alkan, Buket; Cicek, Serkan (Central Bank Republic Turkey, 2020)An increase in the return of an asset in the financial markets may cause the returns of the remaining assets to fluctuate over time because of the arbitrage conditions. This may also create a spillover or contagion between ...