Effects of the real exchange rate on output and inflation: evidence from Turkey

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buir.contributor.authorBerument, Hakan
dc.citation.epage435en_US
dc.citation.issueNumber4en_US
dc.citation.spage401en_US
dc.citation.volumeNumber41en_US
dc.contributor.authorBerument, Hakanen_US
dc.contributor.authorPasaogullari, M.en_US
dc.date.accessioned2016-02-08T10:28:15Z
dc.date.available2016-02-08T10:28:15Z
dc.date.issued2003en_US
dc.departmentDepartment of Economicsen_US
dc.description.abstractThis 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 depreciations are contractionary, even when external factors like world interest rates, international trade, and capital flows are controlled. Moreover, the results obtained from the analyses indicate that real exchange rate depreciations are inflationary.en_US
dc.description.provenanceMade available in DSpace on 2016-02-08T10:28:15Z (GMT). No. of bitstreams: 1 bilkent-research-paper.pdf: 70227 bytes, checksum: 26e812c6f5156f83f0e77b261a471b5a (MD5) Previous issue date: 2003en
dc.identifier.doi10.1111/j.1746-1049.2003.tb01009.xen_US
dc.identifier.eissn1746-1049
dc.identifier.issn0012-1533
dc.identifier.urihttp://hdl.handle.net/11693/24364
dc.language.isoEnglishen_US
dc.publisherWiley-Blackwell Publishing Ltd.en_US
dc.relation.isversionofhttps://doi.org/10.1111/j.1746-1049.2003.tb01009.xen_US
dc.source.titleThe Developing Economiesen_US
dc.subjectCurrency devaluationen_US
dc.subjectCurrency marketen_US
dc.subjectInflationen_US
dc.subjectInterest rateen_US
dc.subjectReal exchange rateen_US
dc.subjectEurasiaen_US
dc.subjectTurkeyen_US
dc.titleEffects of the real exchange rate on output and inflation: evidence from Turkeyen_US
dc.typeArticleen_US

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