Europe is a notable tourism region and so international tourist arrivals are getting more crucial day by day for attraction center countries. Besides many economic factors, exchange rate is also main economic determining factor of tourism demand. This paper investigates the asymmetric effects of...

This article assesses the interaction between inflation and inflation uncertainty in a dynamic framework for Turkey by using monthly data for the time period 1984–2009. The bulk of previous studies investigating the link between inflation and inflation uncertainty employ Autoregressive...

In this paper, we assess the effect of exchange rate movement on macroeconomic performance by differentiating the source of exchange rate movement as either an expansionary monetary policy or a portfolio preference shock using quarterly data from Turkish economy for the period 1987:Q1 to...