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...
Autor principal: | |
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Format: | Revista |
Idioma: | English |
Publicat: |
Washington, D.C. :
International Monetary Fund,
2008.
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Col·lecció: | IMF Working Papers; Working Paper ;
No. 2008/251 |
Accés en línia: | Full text available on IMF |