| Yazarlar (1) |
Doç. Dr. Hüseyin Levent KORAP
Kastamonu Üniversitesi, Türkiye |
| Özet |
| In our paper, we investigate the exchange rate determination mechanism of TL/US $ for the 1987Q1-2006Q4 period using quarterly observations. Following the monetary model exchange rate determination based on the economic fundamentals, the multivariate Johansen-Juselius type co-integrating modeling is employed to reveal the long-run stationary relationships leading to the determination of nominal exchange rate for the Turkish economy. Our findings give strong support to the monetary model of exchange rate and indicate that nominal exchange rate is co-integrated with the fundamentals suggested by economics theory. |
| Anahtar Kelimeler |
| Makale Türü | Özgün Makale |
| Makale Alt Türü | Diğer hakemli ulusal dergilerde yayınlanan tam makale |
| Dergi Adı | İstanbul Üniversitesi İşletme İktisadı Enstitüsü Yönetim Dergisi |
| Dergi ISSN | 2619-9254 |
| Dergi Tarandığı Indeksler | Business Source Elite - EBSCO, PROQUEST, RePEc IDEAS, RePEc EconPapers, SOBİAD |
| Makale Dili | İngilizce |
| Basım Tarihi | 01-2008 |
| Sayı | 59 |
| Sayfalar | 75 / 80 |
| Makale Linki | https://dergipark.org.tr/tr/download/article-file/405564 |
