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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| Main Author: | |
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| Corporate Author: | |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
©2008.
©2008 |
| Series: | IMF working paper ;
WP/08/251. |
| Subjects: | |
| Online Access: |
Full text (Emmanuel users only) |