Structural Changes and Purchasing Power Parity in Turkish Exchange Rates

Home Page
About
Submit A Journal
Submit A Conference
Submit Paper/Book
- Submit a Preprint
- Submit a Book
Contact

Afyon Kocatepe Üniversitesi Sosyal Bilimler Dergisi
Volume:21 Issue:1
Structural Changes and Purchasing Power Parity in Turkish Exchange Rates

Structural Changes and Purchasing Power Parity in Turkish Exchange Rates

Authors : İlhan KÜÇÜKKAPLAN, Hüseyin AĞIR, Çağın KARUL, Ahmet KONCAK

Pages : 203-208

Doi:10.32709/akusosbil.471934

View : 36 | Download : 15

Publication Date : 2019-03-20

Article Type : Research Paper

Abstract :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.
Keywords : PPP hypothesis, Structural shifts, Turkey

ORIGINAL ARTICLE URL

VIEW PAPER (PDF)

* There may have been changes in the journal, article,conference, book, preprint etc. informations. Therefore, it would be appropriate to follow the information on the official page of the source. The information here is shared for informational purposes. IAD is not responsible for incorrect or missing information.