In this work we offer new insight into the relationship between interest rates and uncertainty for several advanced economies (Canada, Euro Area, Japan, UK, US) for the period 2003?2018. For this purpose, we utilize wavelets, ...

We analyze the dependence structure of economic policy uncertainty in four Latin American economies (Brazil, Chile, Colombia, Mexico) using vine copula modeling with various forms of tail dependence. Our results suggest ...

A reduced-form investigation reveals that the relationship between the level of inflation and its volatility in the USA may not have been monotonic. This paper quantifies a reversal of the relationship by considering linear ...

We analyze inflation dynamics in Turkey by estimating inflation persistence for the period 1990–2018. Inflation persistence is defined as the speed with which inflation returns to its equilibrium level (long-term mean) ...

Semih Emre Çekin Influence of German Monetary Policymaking on the ECB: Obstacle or Opportunity? “I certainly would not say that we are ‘just’ one of 17 central banks. We are the largest and most important central bank in ...

Uluslararası ticarette korumacılık akımları bazı dönemlerde azalmakta, bazı dönemlerde ise artmaktadır. Bu çalışma, 2008 yılından itibaren dünya ticaretinde düzeyi gittikçe artan korumacılık hakkında kapsamlı bir literatür ...

This paper considers the out-of-sample forecasting performance of first- and second-order perturbation approximations for DSGE models that incorporate Markov-switching behaviour in the policy reaction function and the ...

We use the Taylor curve to gauge deviations of monetary policy from an efficiency locus for the United Kingdom (UK) and the four largest economies of the Eurozone (Germany, France, Italy, Spain) for the period 2000–2018. ...