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Perspectives on high real interest rates in Turkey /

The Turkish economy is typically characterized as having particularly high real interest rates. Fundamental considerations, such as high growth rates or high returns to capital, do not provide a satisfactory resolution of this puzzle. Instead, we find that two other factors--doubts about the sustain...

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Détails bibliographiques
Cote:Libro Electrónico
Auteur principal: Kannan, Prakash (Auteur)
Collectivité auteur: International Monetary Fund. European Department
Format: Électronique eBook
Langue:Inglés
Publié: Washington, D.C. : International Monetary Fund, ©2008.
©2008
Collection:IMF working paper ; WP/08/251.
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