The Effect of Inflation Targeting on Financial Discipline

Yıl 2022, Cilt: 4 Sayı: 2, 59 - 76, 26.04.2022

Hilmi Çoban , Eda Yeşil

https://doi.org/10.47103/bilturk.1080116

Öz

Global düzeyde yaşanan ekonomik krizler ve Covid-19 pandemi sürecinin ortaya çıkardığı ekonomik sorunlar politikaların koordinasyonunu daha önemli hale getirmiştir. Enflasyon hedeflemesi rejimini seçen ülkelerde politikaların etkinliği koordinasyon sürecine daha çok bağımlıdır. Buna bağlı olarak çalışmada 20 ülke için 2006-2021 yılları arasındaki enflasyon hedefinden sapma oranları ve birincil bütçe açıkları kullanılarak statik panel veri analizi kullanılmıştır. Çalışmada enflasyon hedefinden sapmanın birincil bütçe açığını arttırıcı etkisi tespit edilmiştir.

Anahtar Kelimeler

para ve maliye politikası, enflasyon hedeflemesi, mali disiplin, koordinasyon

The Effect of Inflation Targeting on Financial Discipline

Öz

ÖZ
Global düzeyde yaşanan ekonomik krizler ve Covid-19 pandemi sürecinin ortaya çıkardığı ekonomik sorunlar politikaların koordinasyonunu daha önemli hale getirmiştir. Enflasyon hedeflemesi rejimini seçen ülkelerde politikaların etkinliği koordinasyon sürecine daha çok bağımlıdır. Buna bağlı olarak çalışmada 20 ülke için 2006-2021 yılları arasındaki enflasyon hedefinden sapma oranları ve birincil bütçe açıkları kullanılarak statik panel veri analizi kullanılmıştır. Çalışmada enflasyon hedefinden sapmanın birincil bütçe açığını arttırıcı etkisi tespit edilmiştir.

Anahtar Kelimeler

Para ve Maliye Politikası, Enflasyon Hedeflemesi, Mali Disiplin, Koordinasyon

Kaynakça

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