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Sources Of Nominal Fluctuations of Exchange Rate in Turkey for the period (1980-2002) | ||
| مجلة دراسات إقلیمیة | ||
| Article 8, Volume 6, Issue 15, 2009, Pages 229-248 PDF (0 K) | ||
| DOI: 10.33899/regs.2009.28857 | ||
| Author | ||
| Saadoon Husain Farhan | ||
| Abstract | ||
| This research discusses important subject(Sources of nominal fluctuations of exchange rate in turkey) by the beginning of the eighties of the last century , the research aimed to study and analysis these sources in Turkey for the period (1980-2002) , and explain the causes of this fluctuations in exchange rate and appointing its nature by depending on theoretical analysis and the empirical analysis. The research depended on hypothesis which was: the money shock (the growth of high money supply) and the external shock which carry the money style (increasing in capital flows),were the main responsible about the wide- fluctuations in the exchange rate of Turkish Lira. The two stage least square method (2SLS) had used for estimating the model which had used in this research , and the research arrived to some results, the most important result was: the money shock and the external shock (which carry money style) were the main sources of the fluctuations in Turkish Lira exchange rate , and confirmed the hypothesis of research. | ||
| Keywords | ||
| Nominal exchange rate; sources of fluctuations in nominal exchange rate; Turkish Economy | ||
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