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      • Faculty of Economics, Administrative And Social Sciences
      • Department of Economics
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      Effects of USD-Euro parity on a small open economy: evidence from Turkey

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      Author(s)
      Berument, Hakan
      Yucel, E. M.
      Date
      2008
      Source Title
      Applied Economics
      Print ISSN
      0003-6846
      Electronic ISSN
      1466-4283
      Publisher
      Routledge
      Volume
      40
      Issue
      16
      Pages
      2165 - 2174
      Language
      English
      Type
      Article
      Item Usage Stats
      594
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      224
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      Abstract
      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 change in the USD value of the Euro appreciates the local currency, decreases inflation and increases output.
      Keywords
      Currency market
      Exchange rate
      Export
      Import
      Inflation
      Eurasia
      Turkey
      Permalink
      http://hdl.handle.net/11693/23047
      Published Version (Please cite this version)
      http://dx.doi.org/10.1080/00036840600949322
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      • Department of Economics 724
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