REAL EXCHANGE RATE MISALIGNMENT: THE CASE OF TURKEY

Volume: 5 Number: 1 January 31, 2013
  • Taner Taş
  • Doğan Uysal
Journal of Aksaray University Faculty of Economics and Administrative Sciences Cover
Journal of Aksaray University Faculty of Economics and Administrative Sciences
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REAL EXCHANGE RATE MISALIGNMENT: THE CASE OF TURKEY

Abstract

The aim of this study is to try predicting the long-term real exchange rate of Turkey, through fundamental macroeconomic variables, benefiting from Engle-Granger and Johansen co-integration methodology. In this study, covering the period 2003:1 and 2013:2 using quarterly data obtained from the co-integration relationship, the ratio of public expenditure to gross domestic product, the ratio of the sum of exports and imports to gross domestic product and the external terms of trade, in the long-term real exchange rate movements are understood to be descriptive. In the result, analyze the results obtained with the exchange rate of exchange that occurs between the misalignment data were examined, based on work in the period following the misalignment of the process is quite volatile, generally from 8% - 11% was found to occur between.

Keywords

References

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  8. Duygulu Aylin Abuk (1998). Döviz Kuru İstikrarının Ekonomik İstikrar Açısından Değerlendirilmesi. D.E.Ü İ.İ.B.F Dergisi Cilt:13 Sayı:1, s.107-118.

Details

Primary Language

Turkish

Subjects

-

Journal Section

-

Authors

Taner Taş
CELÂL BAYAR ÜNİVERSİTESİ, İŞLETME FAKÜLTESİ, EKONOMİ VE FİNANS BÖLÜMÜ

Doğan Uysal
CELÂL BAYAR ÜNİVERSİTESİ, İŞLETME FAKÜLTESİ, EKONOMİ VE FİNANS BÖLÜMÜ

Publication Date

January 31, 2013

Submission Date

July 14, 2016

Acceptance Date

-

Published in Issue

Year 2013 Volume: 5 Number: 1

IZ

https://izlik.org/JA86CB34YC

Cite

RIS / Bibtex
APA
Taş, T., & Uysal, D. (2013). REEL DÖVİZ KURU SAPMASI: TÜRKİYE ÖRNEĞİ. Aksaray Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi, 5(1), 41-63. https://izlik.org/JA86CB34YC