Türkiye’de faiz oranı ile döviz kuru i̇lişkisinin analizi (2003-2020)
The analysis of relationship between interest rate and exchange rate in Turkey (2003-2020)
Author(s): Eda Küçük, Deniz Dilara DereliSubject(s): National Economy, Economic policy, Transformation Period (1990 - 2010), Present Times (2010 - today), Financial Markets
Published by: Rating Academy
Keywords: Intererst Rate; Exchange Rate; Causalitiy Analysis; Cointegration Analysis;
Summary/Abstract: Interest rate and exchange rate stand out as two important factors in terms of macroeconomic stability in economies. For this reason, the interaction between exchange rate and interest rate should be taken into account in the regulation of economic policies. In this study the causality and cointegration relationship between exchange rate and interest rate in Turkey for 2003-2020 period are examined and mutual relationship in the long term is identified.
Journal: Journal of Life Economics
- Issue Year: 8/2021
- Issue No: 2
- Page Range: 193-200
- Page Count: 8
- Language: Turkish