| Yazarlar |
Doç. Dr. Hüseyin Levent KORAP
Kastamonu Üniversitesi, Türkiye |
| Özet |
| In this chapter, TL/US dollar exchange rate is examined by using quarterly frequency data for the observation period of 2005Q4-2017Q4. Monetary model exchange rate determination mechanism has been introduced in a theoretical approach, and multivariate ARDL bounds testing has been applied to the data for estimation purposes. The findings indicate that the monetary exchange rate has a cointegrated relationship consistent with the fundamentals of economic theory. While the monetary exchange rate is in a positive interaction with the relative money supply, an increase in the relative real income level results in the appreciation of the national currency against the US dollar. Furthermore, as a priori assumed, a positive relationship has been found between the monetary exchange rate and the expected inflation rate variable. |
| Anahtar Kelimeler |
| Bounds testing | Economic fundamentals | Expected inflation | Foreign exchange rate | Turkish economy |
| Kitap Adı | Current Issues in Finance, Economy and Politics |
| Bölüm(ler) | Theoretical modeling basis of TL/US dollar exchange rate: An econometric practice |
| Kitap Türü | Kitap Bölümü |
| Kitap Alt Türü | Alanında uluslararası yayımlanan kitap bölümü |
| Kitap Niteliği | Scopus indeksinde taranan bilimsel kitap |
| Kitap Dili | İngilizce |
| Basım Tarihi | 06-2020 |
| ISBN | 978-363180410-0,978-363180132-1 |
| Basıldığı Ülke | |
| Basıldığı Şehir |
