Şen, Bahar2016-01-082016-01-082009http://hdl.handle.net/11693/15005Ankara : The Department of Economics, Bilkent University, 2009.Thesis (Master's) -- Bilkent University, 2009.Includes bibliographical references leaves 43-48.This thesis investigates the presence of asymmetry in pass through from exchange rates to manufacturing industry prices in Turkey. In the analysis, to detect a possible nonlinear response of prices, threshold regression models are employed. The results indicate that reactions of prices to exchange rate movements differ depending on the aggregate demand conditions. In particular, when the economy is booming, exchange rate changes are transmitted into prices in a larger extent. On the other hand, during slowdowns, fluctuations of exchange rates are not reflected on prices and past inflation has more important role in determining prices.viii, 48 leavesEnglishinfo:eu-repo/semantics/openAccessExchange Rate Pass ThroughThreshold Regression ModelsInflationHG3968.25 .S46 2009Foreign exchange rates--Turkey--Mathematical models.Interest rates--Turkey.Exchange rates--Turkey--Mathematical models.Inflation--Turkey.Thesis