Analysis of the Analytical Balance Sheet of Central Bank of Republic of Turkey during 2000-2009 Period in Terms of Crises
Citation
Braat, J., Gokhan, F. S., Griffiths, G. W., & Schiesser, W. E. (July 26, 2013). Method of lines solution to the transient SBS equations for nanosecond Stokes pulses. Journal of the European Optical Society: Rapid Publications, 8.Abstract
Today, Central Banks' primary target is to maintain the price stability. In that context, through their monetary policy, they intervene in the money market with different tools. The Analytical Balance Sheet was created upon summing up and offsetting Balance Sheet of the Central Bank of Republic of Turkey (CBRT) in order to represent specific monetary aggregates. By means of that, CBRT aims to make the balance sheet more understandable and simple. In this chapter, firstly the sub items of the Analytical Balance Sheet are explained; secondly, the economic crises of Turkey during 2000-2009 is mentioned; finally, effects of these crises on the CBRT's Analytical Balance Sheet, changes in monetary aggregates which are Currency Issued, Reserve Money, Monetary Base, and Central Bank's Money, and in this context structure of the monetary policy of the CBRT in this period is analyzed.
