Ekonomi ve Yönetim Araştırmaları Dergisi

Yazarlar: Cem Mehmet BAYDUR, Bora SÜSLÜ

Konular:-

Anahtar Kelimeler:Post-Keynesian,Distribution Model,CBRT Monetary Policy

Özet: The purpose of this study is to find out how the central bank monetary policy affects income distribution, in keeping with the Kalecki / Post Keynesian point of view and the process between income and investment. The article brings together the Kalecki / Post Keynesian income distribution model with the bank credit system. The relationship between credit, income distribution and monetary policy have been investigated in terms of Turkish economy and an answer has been sought to determine whether the interest rate policy instrument has an effect on capital accumulation and prices, therefore it has an impact on income distribution. The average national investment rate for the quarter was 5% in 2006, while after 2010 the same rate was 10.5%, when the share of profits in the national income increased from 30% to 50%. Result of the study, the CBRT can not influence the income distribution directly through the monetary policy tool, only the interest rate policy has affected the distribution of profits between the real sector and the financial sector and there is no significant relationship between natural interest and the overnight rate of the Central Bank of the Republic of Turkey in terms of monetary policy and the power to influence income distribution due to aggregate demand

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