turkish lira;interest rates on treasury bill;real exchange rate;commercial bank;domestic borrowing;real exchange rate appreciation;access to capital market;models of ...  See More + urrency crisis;short term capital inflow;increase in interest rate;public sector borrowing requirement;liberalization of capital flow;fixed exchange rate;capital account liberalization;money demand equation;domestic debt stock;balance of payment;excess liquidity;foreign currency;domestic public debt;Foreign Exchange Reserve;public sector wage;foreign currency deposit;stock exchange index;domestic credit expansion;public sector financing;fiscal imbalance;domestic capital market;annual inflation rate;public sector expenditure;foreign exchange position;t-bill rate;public sector price;money market rate;loss of confidence;private saving rate;market clearing level;linear time trend;aggregate supply curve;nominal interest rate;current account deficit;short term debt;private disposable income;higher interest rate;foreign exchange deposit;net foreign asset;financial liberalization episode;public sector revenue;foreign currency liability;interest rate differential;international bond market;agricultural support policies;public sector deficit;private financial institution;domestic debt instrument;foreign exchange purchase;total wage bill;external debt accumulation;short-term foreign liability;commercial banking sector;target growth rate;private capital flow;public sector budget;foreign exchange market;open foreign exchange;capital market crisis;open foreign currency;exchange rate correction;long term maturity;exchange rate expectation;world trade organization;public sector debt;debt management policy;foreign currency reserve;currency substitution;Exchange Rates; ;  Currency devaluation; Debt financing; Public sector borrowing; Deficit financing; Government spending policy; Interest rates; Monetary policy; Fiscal policy  See Less -