title: Dynamics of deposit dollarization in Turkey
abstract: &lt;p style="text-align:justify"&gt;&lt;span style="font-size:16px"&gt;&lt;span style="font-family:Times New Roman,Times,serif"&gt;&lt;span dir="ltr" lang="EN-US"&gt;&lt;span style="color:black"&gt;Deposit dollarization in Turkey has been on the rise, reaching record levels in 2022. This was caused by the worsening macroeconomic fundamentals along with the transition to the presidential system in 2018 and the associated deviation from the monetary policy stance afterward. The unique case of Turk
journal: Journal of Economic Analysis