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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Kannan, Prakash
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2008.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2008/251
Online Zugang:Full text available on IMF