Exchange rate determination: monetary approach in the new EU members and Turkey

This study is based on the evaluation of the long-run performance of the monetary model approach of exchange rate determination for the newly entered EU members and Turkey. First, we tested the cointegration relationship between exchange rates and monetary variables. Then, the forecast estimates of the monetary approach were used for comparing the performances with the random walk model.

MoreLess

Year of publication:	2010
Authors:	Uz, Idil ; Ketenci, Natalya
Published in:	Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 17.2010, 10, p. 963-967
Publisher:	Taylor & Francis Journals

More details

Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://ebvufind01.dmz1.zbw.eu/10008498675