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Managing Turkish debt: An OLG investigation of the IMF's fiscal programming model for Turkey

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  • Voyvoda, Ebru
  • Yeldan, Erinc

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  • Voyvoda, Ebru & Yeldan, Erinc, 2005. "Managing Turkish debt: An OLG investigation of the IMF's fiscal programming model for Turkey," Journal of Policy Modeling, Elsevier, vol. 27(6), pages 743-765, September.
  • Handle: RePEc:eee:jpolmo:v:27:y:2005:i:6:p:743-765
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    1. Ketil Hviding & Marcel Mérette, 1998. "Macroeconomic Effects of Pension Reforms in The Context of Ageing Populations: Overlapping Generations Model Simulations for Seven OECD Countries," OECD Economics Department Working Papers 201, OECD Publishing.
    2. Buiter, Willem H. & Patel, Urjit R., 1992. "Debt, deficits, and inflation: An application to the public finances of India," Journal of Public Economics, Elsevier, vol. 47(2), pages 171-205, March.
    3. Buiter, Willem H, 1981. "Time Preference and International Lending and Borrowing in an Overlapping-Generations Model," Journal of Political Economy, University of Chicago Press, vol. 89(4), pages 769-797, August.
    4. Marí­n, José M., 2002. "Sustainability of public finances and automatic stabilisation under a rule of budgetary discipline," Working Paper Series 193, European Central Bank.
    5. Corsetti, Giancarlo & Roubini, Nouriel, 1991. "Fiscal deficits, public debt, and government solvency: Evidence from OECD countries," Journal of the Japanese and International Economies, Elsevier, vol. 5(4), pages 354-380, December.
    6. Y?lmaz Akyüz & Korkut Boratav, 2002. "The Making Of The Turkish Financial Crisis," UNCTAD Discussion Papers 158, United Nations Conference on Trade and Development.
    7. Kibritçioğlu, Aykut & Rittenberg, Libby & Selçuk, Faruk & Akçay, O. Cevdet & Alper, C. Emre & Berument, M. Hakan & Dibooğlu, Selahattin & Erlat, Haluk & Ertuğrul, Ahmet & Malatyalı, N. Kamuran & Nas, , 2002. "Inflation and Disinflation in Turkey," EconStor Books, ZBW - Leibniz Information Centre for Economics, number 110203.
    8. King, Robert G & Rebelo, Sergio, 1990. "Public Policy and Economic Growth: Developing Neoclassical Implications," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 126-150, October.
    9. Nur Keyder, 2003. "A Note on the Debt Sustainability Issue In Turkey," ERC Working Papers 0302, ERC - Economic Research Center, Middle East Technical University, revised Mar 2003.
    10. Mr. Nigel A Chalk & Mr. Richard Hemming, 2000. "Assessing Fiscal Sustainability in Theory and Practice," IMF Working Papers 2000/081, International Monetary Fund.
    11. Erdem Basci, 2002. "Bond Premium in Turkey," Working Papers 0207, Department of Economics, Bilkent University.
    12. J. J. Polak, 1997. "The IMF Monetary Model At Forty," IMF Working Papers 1997/049, International Monetary Fund.
    13. Ebru Voyvoda & Erinç Yeldan, 2005. "IMF Programmes, Fiscal Policy and Growth: Investigation of Macroeconomic Alternatives in an OLG Model of Growth for Turkey1," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 47(1), pages 41-79, March.
    14. Buiter, Willem, 2003. "Two Naked Emperors? Concerns about the Stability and Growth Pact and Second Thoughts About Central Bank Independence," CEPR Discussion Papers 4001, C.E.P.R. Discussion Papers.
    15. U¨mit Cizre‐Sakallioglu & Erinç Yeldan, 2000. "Politics, Society and Financial Liberalization: Turkey in the 1990s," Development and Change, International Institute of Social Studies, vol. 31(2), pages 481-508, March.
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    Cited by:

    1. N. Bilkic & B. Carreras Painter & T. Gries, 2013. "Unsustainable sovereign debt—is the Euro crisis only the tip of the iceberg?," International Economics and Economic Policy, Springer, vol. 10(1), pages 1-45, March.
    2. Ebru Voyvoda & Erinc Yeldan, 2015. "Aspects of Fiscal Policy in Turkey," Working papers wpaper109, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.
    3. Wietze LISE, 2005. "Decomposition of CO2 Emissions over 1980–2003 in Turkey," Working Papers 2005.24, Fondazione Eni Enrico Mattei.
    4. Georges, Patrick & Seçkin, Aylin, 2016. "From pro-natalist rhetoric to population policies in Turkey? An OLG general equilibrium analysis," Economic Modelling, Elsevier, vol. 56(C), pages 79-93.
    5. Jayaraman, T.K. & Lau, Evan, 2009. "Does external debt lead to economic growth in Pacific island countries," Journal of Policy Modeling, Elsevier, vol. 31(2), pages 272-288.
    6. Kia, Amir, 2008. "Fiscal sustainability in emerging countries: Evidence from Iran and Turkey," Journal of Policy Modeling, Elsevier, vol. 30(6), pages 957-972.
    7. Cecen, Aydin & Xiao, Linlan, 2014. "Capital flows and current account dynamics in Turkey: A nonlinear time series analysis," Economic Modelling, Elsevier, vol. 39(C), pages 240-246.
    8. Ata Özkaya, 2014. "Hidden Overhang of Domestic Debt and Its Role in the This-Time-Is-Different Syndrome: An Empirical Contingent Liabilities Model," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 50(4), pages 73-94.
    9. repec:dau:papers:123456789/4341 is not listed on IDEAS

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