{"id":"https://openalex.org/W2997087258","doi":"https://doi.org/10.1080/00036846.2019.1706717","title":"The role of exchange rate in inflation targeting: the case of Turkey","display_name":"The role of exchange rate in inflation targeting: the case of Turkey","publication_year":2019,"publication_date":"2019-12-27","ids":{"openalex":"https://openalex.org/W2997087258","doi":"https://doi.org/10.1080/00036846.2019.1706717","mag":"2997087258"},"language":"en","primary_location":{"id":"doi:10.1080/00036846.2019.1706717","doi":"https://doi.org/10.1080/00036846.2019.1706717","is_oa":false,"landing_page_url":"https://doi.org/10.1080/00036846.2019.1706717","pdf_url":null,"source":{"id":"https://openalex.org/S201533460","display_name":"Applied Economics","issn_l":"0003-6846","issn":["0003-6846","1466-4283"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-40","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Applied Economics","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5101427725","display_name":"Metin \u00d6zdemir","orcid":"https://orcid.org/0000-0002-3944-4018","observed_orcids":["https://orcid.org/0000-0002-3944-4018"]},"institutions":[{"id":"https://openalex.org/I131835042","display_name":"Bursa Uluda\u011f \u00dcni\u0307versi\u0307tesi\u0307","ror":"https://ror.org/03tg3eb07","country_code":"TR","type":"education","lineage":["https://openalex.org/I131835042"]}],"countries":["TR"],"is_corresponding":true,"raw_author_name":"Metin \u00d6zdemir","raw_affiliation_strings":["Department of Economics, Uludag University, Bursa, Turkey"],"raw_orcid":"https://orcid.org/0000-0002-3944-4018","affiliations":[{"raw_affiliation_string":"Department of Economics, Uludag University, Bursa, Turkey","institution_ids":["https://openalex.org/I131835042"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5101427725"],"corresponding_institution_ids":["https://openalex.org/I131835042"],"apc_list":null,"apc_paid":null,"fwci":1.4268,"has_fulltext":false,"cited_by_count":15,"citation_normalized_percentile":{"value":0.86432269,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":98},"biblio":{"volume":"52","issue":"29","first_page":"3138","last_page":"3152"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11059","display_name":"Market Dynamics and Volatility","score":0.0,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/exchange-rates","display_name":"exchange rates","score":0.7509999871253967},{"id":"https://openalex.org/keywords/inflation-targeting","display_name":"inflation targeting","score":0.9980000257492065},{"id":"https://openalex.org/keywords/taylor-rule","display_name":"Taylor rule","score":0.906000018119812},{"id":"https://openalex.org/keywords/monetary-policy-reaction-function","display_name":"monetary policy reaction function","score":0.7300000190734863},{"id":"https://openalex.org/keywords/nonlinearity","display_name":"nonlinearity","score":0.656000018119812},{"id":"https://openalex.org/keywords/threshold-vector-autoregression","display_name":"threshold vector autoregression","score":0.7889999747276306},{"id":"https://openalex.org/keywords/asymmetric-monetary-policy","display_name":"asymmetric monetary policy","score":0.7149999737739563},{"id":"https://openalex.org/keywords/central-bank-of-the-republic-of-turkey","display_name":"Central Bank of the Republic of Turkey","score":0.9010000228881836},{"id":"https://openalex.org/keywords/2008-financial-crisis","display_name":"2008 financial crisis","score":0.8510000109672546},{"id":"https://openalex.org/keywords/financial-stability","display_name":"financial stability","score":0.9559999704360962},{"id":"https://openalex.org/keywords/turkey","display_name":"Turkey","score":0.828000009059906}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7902371883392334},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.7598258256912231},{"id":"https://openalex.org/C2776988154","wikidata":"https://www.wikidata.org/wiki/Q66100","display_name":"Exchange rate","level":2,"score":0.7481417655944824},{"id":"https://openalex.org/C185824701","wikidata":"https://www.wikidata.org/wiki/Q1193759","display_name":"Inflation targeting","level":3,"score":0.652064859867096},{"id":"https://openalex.org/C200941418","wikidata":"https://www.wikidata.org/wiki/Q273508","display_name":"Inflation (cosmology)","level":2,"score":0.6002441644668579},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.5971041917800903},{"id":"https://openalex.org/C2778222704","wikidata":"https://www.wikidata.org/wiki/Q1898150","display_name":"Taylor rule","level":4,"score":0.5205098986625671},{"id":"https://openalex.org/C159877910","wikidata":"https://www.wikidata.org/wiki/Q2202883","display_name":"Autoregressive model","level":2,"score":0.47784778475761414},{"id":"https://openalex.org/C2778300220","wikidata":"https://www.wikidata.org/wiki/Q114380","display_name":"Financial crisis","level":2,"score":0.474868506193161},{"id":"https://openalex.org/C121087249","wikidata":"https://www.wikidata.org/wiki/Q546395","display_name":"Emerging markets","level":2,"score":0.4271012842655182},{"id":"https://openalex.org/C175025494","wikidata":"https://www.wikidata.org/wiki/Q179179","display_name":"Interest rate","level":2,"score":0.41989558935165405},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.36394599080085754},{"id":"https://openalex.org/C2992735868","wikidata":"https://www.wikidata.org/wiki/Q66344","display_name":"Central bank","level":3,"score":0.3327028453350067},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.26927345991134644},{"id":"https://openalex.org/C33332235","wikidata":"https://www.wikidata.org/wiki/Q18362","display_name":"Theoretical physics","level":1,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1080/00036846.2019.1706717","doi":"https://doi.org/10.1080/00036846.2019.1706717","is_oa":false,"landing_page_url":"https://doi.org/10.1080/00036846.2019.1706717","pdf_url":null,"source":{"id":"https://openalex.org/S201533460","display_name":"Applied Economics","issn_l":"0003-6846","issn":["0003-6846","1466-4283"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-40","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Applied Economics","raw_type":"journal-article"},{"id":"pmh:4a728e8f-331b-4b52-b49e-5a1713fb2315","doi":null,"is_oa":false,"landing_page_url":"https://avesis.uludag.edu.tr/publication/details/4a728e8f-331b-4b52-b49e-5a1713fb2315/oai","pdf_url":null,"source":{"id":"https://openalex.org/S7407055210","display_name":"Bursa Uludag University - AVESIS","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"info:eu-repo/semantics/article"},{"id":"pmh:oai:RePEc:taf:applec:v:52:y:2020:i:29:p:3138-3152","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10.1080/00036846.2019.1706717","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":71,"referenced_works":["https://openalex.org/W114198323","https://openalex.org/W180771097","https://openalex.org/W1595889897","https://openalex.org/W1620888130","https://openalex.org/W1954685264","https://openalex.org/W1963554016","https://openalex.org/W1983696157","https://openalex.org/W1987507502","https://openalex.org/W2024324498","https://openalex.org/W2028626408","https://openalex.org/W2029555898","https://openalex.org/W2035058977","https://openalex.org/W2052982770","https://openalex.org/W2058944648","https://openalex.org/W2062184948","https://openalex.org/W2066168935","https://openalex.org/W2066511771","https://openalex.org/W2068646685","https://openalex.org/W2069132155","https://openalex.org/W2072914303","https://openalex.org/W2075725367","https://openalex.org/W2076294853","https://openalex.org/W2095364399","https://openalex.org/W2097580026","https://openalex.org/W2098420003","https://openalex.org/W2099342535","https://openalex.org/W2109718576","https://openalex.org/W2110849068","https://openalex.org/W2114117932","https://openalex.org/W2116388354","https://openalex.org/W2121116885","https://openalex.org/W2122331449","https://openalex.org/W2122566335","https://openalex.org/W2133373365","https://openalex.org/W2140138058","https://openalex.org/W2140898820","https://openalex.org/W2150873163","https://openalex.org/W2160062766","https://openalex.org/W2160770748","https://openalex.org/W2168422186","https://openalex.org/W2171440378","https://openalex.org/W2233305390","https://openalex.org/W2273353038","https://openalex.org/W2289978357","https://openalex.org/W2313085004","https://openalex.org/W2419092448","https://openalex.org/W2528380649","https://openalex.org/W2562480029","https://openalex.org/W2568087086","https://openalex.org/W2589781905","https://openalex.org/W2637581310","https://openalex.org/W2766493981","https://openalex.org/W2791390682","https://openalex.org/W2794008069","https://openalex.org/W2811295746","https://openalex.org/W2891379805","https://openalex.org/W2899303513","https://openalex.org/W2954124316","https://openalex.org/W2972632786","https://openalex.org/W3000030503","https://openalex.org/W3021548775","https://openalex.org/W3023652150","https://openalex.org/W3121221879","https://openalex.org/W3121455268","https://openalex.org/W3121606738","https://openalex.org/W3122809630","https://openalex.org/W3123429833","https://openalex.org/W3123510272","https://openalex.org/W3125077650","https://openalex.org/W3151563539","https://openalex.org/W4289257849"],"related_works":["https://openalex.org/W2066168935","https://openalex.org/W1987507502","https://openalex.org/W2273353038","https://openalex.org/W3197871112","https://openalex.org/W7056301139","https://openalex.org/W2014908497","https://openalex.org/W7217559984","https://openalex.org/W3122016602","https://openalex.org/W2187028957","https://openalex.org/W2144321535"],"abstract_inverted_index":{"The":[0,73,91],"role":[1],"of":[2,39,41,62,76,82,93,101,127,134,142],"the":[3,23,36,47,59,63,77,80,83,94,99,113,118,125,128,138,143,146],"exchange":[4,31,84,109],"rates":[5],"in":[6,22,58,86,124,145],"emerging":[7],"market":[8],"economies":[9],"that":[10,98],"have":[11],"adopted":[12],"inflation":[13],"targeting":[14],"(IT)":[15],"is":[16],"a":[17,67],"critical":[18],"and":[19],"contentious":[20],"issue":[21],"relevant":[24],"literature.":[25],"This":[26],"article":[27],"investigates":[28],"whether":[29],"an":[30],"rate-augmented":[32],"Taylor":[33],"rule":[34],"describes":[35],"Central":[37],"Bank":[38],"Republic":[40],"Turkey\u2019s":[42],"(CBRT)":[43],"monetary":[44,87,102,120],"policy.":[45],"Covering":[46],"period":[48],"from":[49],"2002:1":[50],"to":[51,108],"2017:8":[52],"it":[53],"also":[54],"explores":[55],"possible":[56],"nonlinearities":[57],"reaction":[60],"function":[61],"CBRT":[64,144],"by":[65],"employing":[66],"Threshold":[68],"Vector":[69],"Autoregressive":[70],"(TVAR)":[71],"model.":[72],"linear":[74],"estimation":[75],"model":[78,96],"highlighted":[79],"importance":[81],"rate":[85,110],"policy":[88,103,121,140],"under":[89],"IT.":[90],"results":[92],"nonlinear":[95],"indicate":[97],"stance":[100,122,141],"was":[104],"asymmetric":[105,119,139],"with":[106],"respect":[107],"movements":[111],"during":[112],"conventional":[114],"IT":[115],"period.":[116,148],"However,":[117],"disappeared":[123],"aftermath":[126],"Global":[129],"Financial":[130],"Crisis.":[131],"Increasing":[132],"considerations":[133],"financial":[135],"stability":[136],"undermined":[137],"post-crisis":[147]},"counts_by_year":[{"year":2026,"cited_by_count":4},{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":4},{"year":2023,"cited_by_count":2},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":2}],"updated_date":"2026-11-07T11:25:07.637180","created_date":"2020-01-10T00:00:00"}