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Insel, Aysu
Sungur, Nesrin
Year of Publication: 
Series/Report no.: 
Discussion Paper, Turkish Economic Association 2003/8
Abstract (Translated): 
The purpose of this paper is to analyze the effects of foreign capital flows on the selected macroeconomic indicators in Turkey, for the period 1989-1999. This paper investigates empirically the relationships between the foreign capital flows and the selected macroeconomic indicators. It is concluded that the capital flows in Turkey increase the volatility of the real and financial indicators and thus play an important role to contribute the economic instability.
Document Type: 
Working Paper

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