Disinflation, fiscal sustainability, and labor market adjustment in Turkey:
"This paper analyzes the effects of monetary policy and fiscal adjustment on output and unemployment in Turkey. The model on which the analysis is based accounts for rural-urban migration, a large urban informal sector, flexible exchange rates, a dollarized banking system, and interactions betw...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
[Washington, D.C]
World Bank
2006
|
| Schriftenreihe: | Policy research working paper
3804 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | "This paper analyzes the effects of monetary policy and fiscal adjustment on output and unemployment in Turkey. The model on which the analysis is based accounts for rural-urban migration, a large urban informal sector, flexible exchange rates, a dollarized banking system, and interactions between default risk on government liabilities, credibility, and inflation expectations. The short- and long-run effects of a rise in official interest rates and tax increases are analyzed. The results highlight the importance of accounting for the link between default risk and credibility in understanding the real and financial effects of macroeconomic adjustment. "--World Bank web site |
| Beschreibung: | Includes bibliographical references. - Title from PDF file as viewed on 1/10/2006 Erscheinungsjahr in Vorlageform:[2006] |
| Beschreibung: | 1 Online-Ressource (103 Seiten) |
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| geographic | Türkei |
| geographic_facet | Türkei |
| id | DE-604.BV040618409 |
| illustrated | Not Illustrated |
| indexdate | 2025-01-24T09:00:53Z |
| institution | BVB |
| language | English |
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| physical | 1 Online-Ressource (103 Seiten) |
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| publishDate | 2006 |
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| publisher | World Bank |
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| spelling | Agénor, Pierre-Richard 1957- Verfasser (DE-588)12408009X aut Disinflation, fiscal sustainability, and labor market adjustment in Turkey Pierre-Richard Agenor ... [et al.] [Washington, D.C] World Bank 2006 1 Online-Ressource (103 Seiten) txt rdacontent c rdamedia cr rdacarrier Policy research working paper 3804 Includes bibliographical references. - Title from PDF file as viewed on 1/10/2006 Erscheinungsjahr in Vorlageform:[2006] "This paper analyzes the effects of monetary policy and fiscal adjustment on output and unemployment in Turkey. The model on which the analysis is based accounts for rural-urban migration, a large urban informal sector, flexible exchange rates, a dollarized banking system, and interactions between default risk on government liabilities, credibility, and inflation expectations. The short- and long-run effects of a rise in official interest rates and tax increases are analyzed. The results highlight the importance of accounting for the link between default risk and credibility in understanding the real and financial effects of macroeconomic adjustment. "--World Bank web site 2006 Türkei Fiscal policy Turkey Inflation (Finance) Turkey Labor market Turkey World Bank Sonstige oth Reproduktion von Agénor, Pierre-Richard, 1957- Disinflation, fiscal sustainability, and labor market adjustment in Turkey 2006 http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3804 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Agénor, Pierre-Richard 1957- Disinflation, fiscal sustainability, and labor market adjustment in Turkey |
| title | Disinflation, fiscal sustainability, and labor market adjustment in Turkey |
| title_auth | Disinflation, fiscal sustainability, and labor market adjustment in Turkey |
| title_exact_search | Disinflation, fiscal sustainability, and labor market adjustment in Turkey |
| title_full | Disinflation, fiscal sustainability, and labor market adjustment in Turkey Pierre-Richard Agenor ... [et al.] |
| title_fullStr | Disinflation, fiscal sustainability, and labor market adjustment in Turkey Pierre-Richard Agenor ... [et al.] |
| title_full_unstemmed | Disinflation, fiscal sustainability, and labor market adjustment in Turkey Pierre-Richard Agenor ... [et al.] |
| title_short | Disinflation, fiscal sustainability, and labor market adjustment in Turkey |
| title_sort | disinflation fiscal sustainability and labor market adjustment in turkey |
| topic_facet | Türkei |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3804 |
| work_keys_str_mv | AT agenorpierrerichard disinflationfiscalsustainabilityandlabormarketadjustmentinturkey AT worldbank disinflationfiscalsustainabilityandlabormarketadjustmentinturkey |