Exchange rates and foreign exchange reserves in Turkey: nonlinear and frequency domain causality approach
In this paper aims to investigate the asymmetric relationship between nominal-real exchange rate and foreign exchange reserves of Central Bank in Turkey over the period of 2003:01-2014:01. The study benefits from the recent advance in the nonlinear time series econometric analysis and carries out no...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
General Association of Economists from Romania
2014-11-01
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Series: | Theoretical and Applied Economics |
Subjects: | |
Online Access: |
http://store.ectap.ro/articole/1032.pdf
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