Fiscal Imbalances, Capital Inflows, and the Real Exchange Rate : The Case of Turkey /

This paper examines the links between fiscal policy, capital inflows, and the real exchange rate in Turkey since the late 1980s. After an overview of recent macroeconomic developments in Turkey, a vector autoregression model is estimated linking government spending, interest rate differentials, capi...

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Bibliographic Details
Main Author: Ucer, E.
Other Authors: Agenor, Pierre-Richard, McDermott, C.
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1997.
Series:IMF Working Papers; Working Paper ; No. 1997/001
Online Access:Full text available on IMF