Browsing by Keywords "Exchange rates"
Now showing items 1-8 of 8
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The choice of monetary policy tool(s) and relative price variability: evidence from Turkey
(A N S I Network, 2009)The aim of this study is to assess any regularity relative price dispersion for the effect of monetary policy tool selection. Central banks use tools such as interbank rate and exchange rate when pursuing their (monetary) ... -
Effective transfer entropy approach to information flow between exchange rates and stock markets
(Elsevier Ltd, 2014)We investigate the strength and direction of information flow between exchange rates and stock prices in several emerging countries by the novel concept of effective transfer entropy (an alternative non-linear causality ... -
Exchange rate volatility response to macroeconomic news during the global financial crisis
(Elsevier Inc., 2017)We investigate the volatility reaction to macroeconomic news in major currency markets during the recent global financial crisis. We first present an alternative method for determining the changes in economic states by ... -
Free float and stochastic volatility: the experience of a small open economy
(Elsevier BV, 2004)Following a dramatic collapse of a fixed exchange rate based inflation stabilization program, Turkey moved into a free floating exchange rate system in February 2001. In this paper, an asymmetric stochastic volatility model ... -
Local, global and regional shocks indices in emerging exchange rate markets
(Elsevier BV, 2021-05)Impact of exchange rate shocks on emerging market economies have been studied extensively; however, what is the origin of those shocks remains unanswered in the literature. The main aim of this paper is to fill this gap. ... -
The monetary approach to exchange rate determination: an empirical evidence from Turkey
(Bilkent University, 1993)In this study, the determination of exchange rates in Turkey is examined by using the monetary approach to exchange rate determination. To provide a theoretical basis, the basic assumptions and the variants of the monetary ... -
Monetary policy responses to the exchange rate: Empirical evidence from the ECB
(Elsevier, 2014)The exchange rate is an important part of the transmission mechanism in the determination of monetary policy because movements in the exchange rate have significant effect on the macroeconomy. It can be difficult to measure ... -
The sign switch effect of macroeconomic news in foreign exchange markets
(Elsevier Ltd, 2016)We examine an unusual episode in the behavior of the euro, pound and yen exchange rate markets when the dollar appreciated (depreciated) against the three major currencies, in response to unfavorable (favorable) US growth ...
