Simultaneous monetary policies in the context of the trilemma : evidence from the Central Bank of Turkey

Borradores de Economia
Number: 
893
Published: 
Classification JEL: 
E43, E52, E58, F31

The most recent

Mario Andrés Ramos-Veloza, Sara Naranjo-Saldarriaga, José Pulido
Rocío Clara Alexandra Mora-Quiñones, Antonio José Orozco-Gallo, Dora Alicia Mora-Pérez

Many central banks that have opted for monetary autonomy have also been reluctant to relinquish control over the value of their currencies. As a result, they have operated through both interest rate and foreign exchange interventions. However, in the cont