The monetary approach to exchange rate determination: an empirical evidence from Turkey

buir.advisorTaşkın, Fatma
dc.contributor.authorMutluay, Hakan
dc.date.accessioned2016-01-08T20:10:42Z
dc.date.available2016-01-08T20:10:42Z
dc.date.issued1993
dc.descriptionAnkara : The Department of Economics and Institute of Economics and Social Sciences of Bilkent Univ., 1993.en_US
dc.descriptionThesis (Master's) -- Bilkent University, 1993.en_US
dc.descriptionIncludes bibliographical references leaves 34-35.en_US
dc.description.abstractIn 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 approach to exchange rate determination are considered. In the empirical test of the monetary approach in Turkey, quarterly data for the observation period 1980-1992 is used. Turkey followed a more liberal exchange rate policy after 1980s. The findings o f this study show that the data does not support the monetary exchange rate determination theory in Turkey. The exchange rate, especially T.L./ U.S. doUar, has a random walk nature and a trace o f unit rooten_US
dc.description.provenanceMade available in DSpace on 2016-01-08T20:10:42Z (GMT). No. of bitstreams: 1 1.pdf: 78510 bytes, checksum: d85492f20c2362aa2bcf4aad49380397 (MD5)en
dc.description.statementofresponsibilityMutluay, Hakanen_US
dc.format.extent35 leavesen_US
dc.identifier.urihttp://hdl.handle.net/11693/17488
dc.language.isoEnglishen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectExchange ratesen_US
dc.subjectMonetary approachen_US
dc.subjectUnit rootsen_US
dc.subject.lccHG3968.25 .M88 1993en_US
dc.subject.lcshForeign exchange rates--Turkey.en_US
dc.subject.lcshMonetary policy--Turkey.en_US
dc.titleThe monetary approach to exchange rate determination: an empirical evidence from Turkeyen_US
dc.typeThesisen_US
thesis.degree.disciplineEconomics
thesis.degree.grantorBilkent University
thesis.degree.levelMaster's
thesis.degree.nameMA (Master of Arts)

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