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This paper aims at estimating the monetary transmission lag in Turkey by utilizing quarterly data from 2006:1 to 2015:4. To this end, the paper, first, follows unit root tests and cointegration tests. Then, the paper employs structural vector autoregressive (SVAR) analysis. SVAR analysis explores that a positive one-unit standard deviation shock to real interest rate causes inflation to decrease in the eighth period and the decrease in inflation prolongs up to the tenth period. Therefore, SVARdoi:10.5539/ijef.v8n4p93 fatcat:avo5id4ryzdrzopq4edyrhwmxy