Research Information System
Turkish Online Journal of Qualitative Inquiry, vol.12, no.7, pp.645-664, 2021 (Peer-Reviewed Journal)
Interest rates play a decisive role in the structuring of economic policy. This role is active in
the analysis of macroeconomic variables such as savings, investment and GNP. Fund
movements required for global and local investments are realized according to the interest
and inflation rates in the countries. In this way, individual and organizational behaviors are
affected economically. .
Interest rates; It is a concept of primary importance in the theoretical studies of economists
belonging to schools such as Classical, Neo-Classical, Keynesian, Post Keynesian,
Monetarist and Rational Expectations Theory. The fact that it is a concept that policy makers
should constantly consider also requires intensive work on the subject.
With this study; Considering the theoretical discussions on the determination of the interest
rate, which is a monetary policy tool, it is aimed to reveal its key role in the Turkish economy
between 2006-2018 in the light of some economic indicators. This study, which is presented
methodologically with deductive and descriptive analysis method, will provide a theoretical
contribution to researchers working on the Turkish Economy.