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https://hdl.handle.net/11499/44628| Title: | Structural Changes and Purchasing Power Parity in Turkish Exchange Rates | Other Titles: | Türk Döviz Kurlarında Yapısal Değişiklikler ve Satın Alma Gücü Paritesi | Authors: | Küçükkaplan, İlhan Ağır, Hüseyin Karul, Çağın Koncak, Ahmet |
Abstract: | We re-examine the purchasing power parity (PPP) hypothesis for Turkey by concentrating onmodelling structural changes as sharp (with dummy variables) and smooth (with a Fourierapproximation) process. The results show (i) more evidence in favor of PPP hypothesis whenstructural changes are taken into account and (ii) modelling the shifts with different approaches playsa crucial role for policy implications. | URI: | https://hdl.handle.net/11499/44628 https://doi.org/10.32709/akusosbil.471934 |
ISSN: | 1302-1265 2149-4894 |
| Appears in Collections: | İktisadi ve İdari Bilimler Fakültesi Koleksiyonu TR Dizin İndeksli Yayınlar Koleksiyonu / TR Dizin Indexed Publications Collection |
Files in This Item:
| File | Size | Format | |
|---|---|---|---|
| Structural Changes and Purchasing.pdf | 495 kB | Adobe PDF | View/Open |
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