Now showing items 1-6 of 6
Monetary policy rules in practice: evidence from Turkey
(John Wiley & Sons Ltd., 2004)
This paper estimates a forward-looking monetary policy reaction function of the Central Bank of the Republic of Turkey by considering the period from 1990:01 to 2000:10. When the spread between the interbank rate and ...
Effects of the real exchange rate on output and inflation: evidence from Turkey
(Wiley-Blackwell Publishing Ltd., 2003)
This paper assesses the effects of real depreciation on the economic performance of Turkey by considering quarterly data from 1987:I to 2001:III. The empirical evidence suggests that, contrary to classical wisdom, the real ...
Exchange rate risk and interest rate: a case study for Turkey
(Springer New York LLC, 2003)
This paper examines the effect of exchange rate risk on interest rates within the uncovered interest rate parity condition for Turkey. When the interest rate is measured with the Treasury auction interest rate and the ...
Denomination composition of trade and trade balance: evidence from Turkey
The currency denominations of a country's exports and imports are not necessarily the same. If this is the case, then a change in the exchange rate parity among major currencies will affect the trade balance. The empirical ...
The effects of exchange rate risk on economic performance: the Turkish experience
This study examines the effects of real exchange rate risk on the economic performance for an emerging, small open economy: Turkey. When the ratios of the total foreign exchange liabilities of the Central Bank of the ...
Effects of USD-Euro parity on a small open economy: evidence from Turkey
This study assesses the effect of USD-Euro parity on a small open economy where exports are predominantly denominated in Euros and imports are denominated in USD. Empirical evidence from Turkey suggests that a positive ...