Referanslar

• Abeles, M., & Panigo, D. (2015). Dealing with cost-push inflation in Latin America: Multi- causality in a context of increased openness and commodity price volatility. Review of Keynesian Economics, 3(4), 517-535. google scholar
• Acemoğlu, D., Johnson, S., Robinson, J., & Thaicharoen, Y. (2003). Institutional causes, macroeconomic asymptoms: Volatility, crises and growth. Journal of Monetary Economics, 50(1), 49-123. google scholar
• Acemoğlu, D., Johnson, S., & Robinson, J. (2005). Institutions as the fundamental cause of long-run growth. In: Aghion, P., & Durlauf, S., Eds., Handbook of economic growth, Vol. 1A, North Holland, Amsterdam, 385-472. google scholar
• Acemoğlu, D., Johnson, S., Querubin, P., & Robinson, J. A. (2008). When does policy reform work? The case of central bank independence. National Bureau of Economic Research, No. w14033. google scholar
• Aguir, A. (2018). Central bank credibility, independence, and monetary policy. Journal of Central Banking Theory and Practice, 7(3), 91-110. google scholar
• Aisen, A., & Veiga, F. (2008a). Political instability and inflation volatility. Public Choice, 135, 207-223. google scholar
• Aisen, A., & Veiga, F. J. (2008b). The political economy of seigniorage. Journal of Development Economics, 87(1), 29-50. google scholar
• Aizenman, J., Hutchison, M., & Noy, I. (2011). Inflation targeting and real exchange rates in emerging markets. World Development, 39(5), 712-724. google scholar
• Aizenman, J. (2019). International reserves, exchange rates, and monetary policy: From the trilemma to the quadrilemma. In Oxford Research Encyclopedia of Economics and Finance. google scholar
• Akgül, I., & Özdemir, S. (2018). Enflasyon-faiz oranı ve enflasyon-döviz kuru ikilemi: Geg programı döneminde Türkiye gerçeği. Ege Academic Review, 18(1), 153-166. google scholar
• Alesina, A., Cohen, G. D., & Roubini, N. (1993). Electoral business cycle in industrial democracies. European Journal of Political Economy, 9(1), 1-23. google scholar
• Aron, J. (2000). Growth and institutions: A review of the evidence. The World Bank Research Observer, 15(1), 99-135. google scholar
• Bakir, C., & Öniş, Z. (2010). The regulatory state and Turkish banking reforms in the age of post-Washington Consensus. Development and Change, 41(1), 77-106. google scholar
• Barro, R. J., & Sala-i-Martin, X. (2004). Economic growth. Cambridge, MA: MIT. google scholar
• Becker, R., Enders, W., & Lee, J. (2006). A stationarity test in the presence of an unknown number of smooth breaks. Journal of Time Series Analysis, 27(3), 381-409. google scholar
• Borio, C., & Disyatat, P. (2015). Capital flows and the current account: Taking financing (more) seriously (No. 525). Bank for International Settlements. google scholar
• Cachanosky, N., & Mazza, F. J. F. (2021). Why did inflation targeting fail in Argentina?. The Quarterly Review of Economics and Finance, 80, 102-116. google scholar
• Campillo M., & Miron, J. (1997). Why does inflation differ across countries? In: Reducing inflation: Motivation and strategy, University of Chicago Press, Chicago, 335-362. google scholar
• Central Bank of the Republic of Türkiye (2023, 9 March). Fiyat İstikrarı ve Enflasyon. Access link: https://www.tcmb.gov.tr/wps/wcm/connect/TR/TCMB+TR/Main+Menu/Temel+Faaliyetler/ Para+Politikasi/Fiyat+Istikrari+ve+Enflasyon/#:~:text=Fiyat%20istikrar%C4%B1%20ise%20 para%20politikas%C4%B1n%C4%B1n,temel%20amac%C4%B1%2C%20fiyat%20 istikrar%C4%B1n%C4%B1%20sa%C4%9Flamakt%C4%B1r google scholar
• Central Bank of the Republic of Türkiye (2024, 14 January). Yıllık Rapor 2003. Access link: https:// www.tcmb.gov.tr/wps/wcm/connect/667c7904-1baa-4ca3-9c7d-eb0a23d28826/2003_Yillik_ Rapor.pdf?MOD=AJPERES&CACHEID=ROOTWORKSPACE-667c7904-1baa-4ca3-9c7d-eb0a23d28826-mh5zofC google scholar
• Cubeddu, M. L. M., Krogstrup, S., Adler, G., Rabanal, M. P., Dao, M. C., Hannan, M. S. A., ... & Li, M. (2019). The external balance assessment methodology: 2018 update. International Monetary Fund. google scholar
• Cukierman, A. (1992). Central bank strategy, credibility, and independence. MIT Press, Cambridge. google scholar
• Cukierman, A., & Gerlach, S. (2003). The inflation bias revisited: theory and some international evidence. The Manchester School, 71(5), 541-565. google scholar
• Cukierman, A., Miller, G. P., & Neyapti, B. (2002). Central bank reform, liberalization and inflation in transition economies—an international perspective. Journal of Monetary Economics, 49(2), 237-264. google scholar
• Çiçen, Y. B. (2017). Kurumlar ve ekonomik performans ilişkisi: Teorik çerçeve. The Journal of International Scientific Researches, 2(7), 109-118. google scholar
• Çiçen, Y. B. (2023). The nexus between institutional quality and inflation in emerging markets: A panel causality test with a Fourier Function. Ekonomika, 102(1), 140-152. google scholar
• Demez, S., & Ustaoğlu, M. (2012). Exchange-Rate volatility’s impact on Turkey’s exports: An empirical analyze for 1992-2010. Procedia-Social and Behavioral Sciences, 41, 168-176. google scholar
• Demiralp S. (2022, October). Merkez Bankası Bağımsızlığı ve Türkiye Tecrübesi. İstanpol. Access link: https://istanpol.org/post-merkez-bankasi-bag-ms-zl-ve-turkiye-tecr-besi google scholar
• Demiralp, S., & Demiralp, S. (2019). Erosion of central bank independence in Turkey. Turkish Studies, 20(1), 49-68. google scholar
• Dinçer, N., & Kandil, M. (2011). The effects of exchange rate fluctuations on exports: A sectoral analysis for Turkey. The Journal of International Trade & Economic Development, 20(6), 809-837. google scholar
• Dornbusch, R. (1991). Exchange rates and inflation. Mit Press. google scholar
• Ersel, H., & Özatay, F. (2008). Fiscal dominance and inflation targeting: Lessons from Turkey. Emerging Markets Finance and Trade, 44(6), 38-51. google scholar
• Fazio, D. M., Silva, T. C., Tabak, B. M., & Cajueiro, D. O. (2018). Inflation targeting and financial stability: Does the quality of institutions matter?. Economic Modelling, 71, 1-15. google scholar
• Fenira, M. (2014). Democracy: A determinant factor in reducing inflation. International Journal of Economics and Financial Issues, 4(2), 363. google scholar
• Friedman M. (1963). Inflation causes and consequences, Asian Publishing House. google scholar
• Garriga, A. C. (2016). Central bank independence in the world: A new data set. International Interactions, 42(5), 849-868. google scholar
• Garriga, A. C., & Rodriguez, C. M. (2020). More effective than we thought: Central bank independence and inflation in developing countries. Economic Modelling, 85, 87-105. google scholar
• Gelos, G., & Ustyugova, Y. (2017). Inflation responses to commodity price shocks-How and why do countries differ?. Journal of International Money and Finance, 72, 28-47. google scholar
• Guisinger, A., & Singer, D. A. (2010). Exchange rate proclamations and inflation-fighting credibility. International Organization, 64(2), 313-337. google scholar
• Gürkaynak, R. S., Kantur, Z., Taş, M. A., & Yıldırım, S. (2015). Monetary policy in Turkey after Central Bank independence. CEPR Discussion Papers, No. 10904. google scholar
• Gürkaynak, R. S., Levin, A. T., Marder, A. N., & Swanson, E. T. (2007). Inflation targeting and the anchoring of inflation expectations in the western hemisphere. Series on Central Banking, Analysis, and Economic Policies, no. 11. google scholar
• Hall, R. E., & Jones, C. I. (1999). Why do some countries produce so much more output per worker than others?. The Quarterly Journal of Economics, 114(1), 83-116. google scholar
• Huang, H., & Wei, S. J. (2006). Monetary policies for developing countries: The role of institutional quality. Journal of International Economics, 70(1), 239-252. google scholar
• Ibarra, R., & Trupkin, D. R. (2016). Reexamining the relationship between inflation and growth: Do institutions matter in developing countries?. Economic Modelling, 52, 332-351. google scholar
• Kara, H., & Sarıkaya, Ç. (2021). Enflasyon dinamiklerindeki değişim: Döviz kuru geçişkenliği güçleniyor mu? (No. 2121). Working Paper. google scholar
• Kara, H., & Öğünç, F. (2008). Inflation targeting and exchange rate pass-through: The Turkish experience. Emerging Markets Finance and Trade, 44(6), 52-66. google scholar
• Khan, M., & Hanif, W. (2020). Institutional quality and the relationship between inflation and economic growth. Empirical Economics, 58(2), 627-649. google scholar
• Kibritçioğlu, A. (2002). Causes of inflation in Turkey: A literature survey with special reference to theories of inflation. EconStor Open Access Articles and Book Chapters, 43-76. google scholar
• Knack, S., & Keefer, P. (1995). Institutions and economic performance: cross-country tests using alternative institutional measures. Economics & Politics, 7(3), 207-227. google scholar
• Koziuk, V. (2019). Independence of central banks, inflation and fractionalization of society in post-socialist countries. Journal of European Economy, 18(2), 226-244. google scholar
• Kwiatkowski, D., Phillips, P. C., Schmidt, P., & Shin, Y. (1992). Testing the null hypothesis of stationarity against the alternative of a unit root: How sure are we that economic time series have a unit root?. Journal of Econometrics, 54(1-3), 159-178. google scholar
• Law, C. H., & Soon, S. V. (2020). The impact of inflation on income inequality: The role of institutional quality. Applied Economics Letters, 27(21), 1735-1738. google scholar
• Leeper, E. M. (1991). Equilibria under ‘active’ and ‘passive’ monetary and fiscal policies. Journal of Monetary Economics, 27(1), 129-147. google scholar
• Leigh, D., & Rossi, M. (2002). Exchange rate pass-through in Turkey. IMF Working Papers, 2002(204). google scholar
• Lim, J. J. (2021). The limits of central bank independence for inflation performance. Public Choice, 186(3), 309-335. google scholar
• Lin, S., & Ye, H. (2009). Does inflation targeting make a difference in developing countries? Journal of DevelopmentEconomics, 89, 118-123. google scholar
• Luca, D. (2022). National elections, sub-national growth: The politics of Turkey’s provincial economic dynamics under AKP rule. Journal of Economic Geography, 22(4), 829-851. google scholar
• McCarthy, J. (2007). Pass-through of exchange rates and import prices to domestic inflation in some industrialized economies. Eastern Economic Journal, 33(4), 511-537. google scholar
• Minea, A., Tapsoba, R., & Villieu, P. (2021). Inflation targeting adoption and institutional quality: Evidence from developing countries. The World Economy, 44(7), 2107-2127 google scholar
• Mishkin, F. S., & Posen, A. (1998). Inflation targeting: lessons from four countries. NBER Working Paper Series, No. 6126. google scholar
• Narayan, P. K., Narayan, S., & Thuraisamy, K. S. (2014). Can institutions and macroeconomic factors predict stock returns in emerging markets?. Emerging Markets Review, 19, 77-95. google scholar
• Neyaptı, B. (2012). Monetary institutions and inflation performance: cross-country evidence. Journal of Economic Policy Reform, 15(4), 339-354. google scholar
• North, D. C. (1993). Institutions and credible commitment. Journal of Institutional and Theoretical Economics ( JITE)/Zeitschrift für die gesamte Staatswissenschaft, 11-23. google scholar
• Obstfeld, M., & Zhou, H. (2023). The global dollar cycle (No. w31004). National Bureau of Economic Research. google scholar
• Öniş, Z. (2009). Beyond the 2001 financial crisis: The political economy of the new phase of neo-liberal restructuring in Turkey. Review of International Political Economy, 16(3), 409-432. google scholar
• Özatay, F. (2015). 2000>li yıllarda Türkiye ekonomisi. İktisat İsletme ve Finans, 30(350), 09-24. google scholar
• Posen, A.S. (1995). Declarations Are Not Enough: Financial Sector Sources of Central Bank Independence. NBER Macroeconomics Annual, 10, 251-274. google scholar
• Samadi, A. H., Marzban, H., & Owjimehr, S. (2017). Inflation bias, time inconsistency of monetary and fiscal policies and institutional quality. İnternational Journal of Business and Development Studies, 9(1), 27-45. google scholar
• Samarina, A., & De Haan, J., 2014. Right on target: Exploring the factors leading to inflation targeting adoption. Contemporary Economic Policy, 32, 372-389. google scholar
• Svensson, L. E. (2010). Inflation targeting. In Handbook of monetary economics (Vol. 3, pp. 12371302). Elsevier. google scholar
• The PRS Group (2024, 14 January). International Country Risk Guide Methodology. Access link: https://www.prsgroup.com/wp-content/uploads/2012/11/icrgmethodology.pdf google scholar
• TR Ministry of Treasury and Finance (2023, 20 December). Statistics. Access link: https://www.hmb. gov.tr/kamu-finansmani-istatistikleri google scholar
• Tsong, C. C., Lee, C. F., Tsai, L. J., & Hu, T. C. (2016). The fourier approximation and testing for the null of cointegration. Empirical Economics, 51, 1085-1113. google scholar
• Turkish Statistics Institute (2024, 19 April). Consumer Price Index Statistics Table. Access link: https:// data.tuik.gov.tr/Bulten/blo?p=KMExlm5AVU2ln21dc2evQ2SnPKPmGEBqV6H8CcJSjN NBzZZT2CJNzYtIqx1WGQK8 google scholar

Atıflar