Structural Changes and Purchasing Power Parity in Turkish Exchange Rates

Bibliographic Data

ID15064082
Authorsİlhan KÜÇÜKKAPLAN (0000-0001-6926-3659, Pamukkale University), Hüseyin AĞIR (0000-0003-1642-2876, Kahramanmaraş Sütçü İmam University), Cagin Karul (0000-0002-5856-930X), Ahmet KONCAK (0000-0002-4445-6128)
Year2019
Volume21
Issue1
Pages203-208
Publication date2019-03-20
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueAfyon Kocatepe Üniversitesi Sosyal Bilimler Dergisi (JOURNAL)
Journal identifiersISSN: 1302-1265 • E-ISSN: 2149-4894
PublisherAfyon Kocatepe Universitesi Sosyal Bilimler Dergisi (PUBLISHER)
DOI10.32709/akusosbil.471934
OpenAlexW2921356841
LanguageEN
References cited15

We re-examine the purchasing power parity (PPP) hypothesis for Turkey by concentrating on modelling structural changes as sharp (with dummy variables) and smooth (with a Fourier approximation) process. The results show (i) more evidence in favor of PPP hypothesis when structural changes are taken into account and (ii) modelling the shifts with different approaches plays a crucial role for policy implications

Econometrics · Economics · Exchange rate · Linguistics · Monetary economics · Operations management · Physics · Purchasing · Purchasing power parity · Relative purchasing power parity · Turkish · Turkish economy · Global Financial Crisis and Policies · Market Dynamics and Volatility · Monetary Policy and Economic Impact

Tools

Open DOIOpen Access