The Evolution of Exchange RatePass-Through in Turkey: Does InflationTargeting Matter?

Dincer DEDEOGLUA; Huseyin KAYAB

Article Details

The Evolution of Exchange RatePass-Through in Turkey: Does InflationTargeting Matter?

Authors:

Dincer DEDEOGLUA | Huseyin KAYAB

Publisher:

Musiad (Independent Industrialists and Businessmen's Association)

Journal:

Afro Eurasian Studies 2014 Vol.3 Issue 1, pp.26-33

Document Type:

Article

Publication Date:

5/2014

Document Language:

Turkish

Document ID (Org No.):

2000659055

Frequency:

Tri-annual

eISSN:

2667-5315

pISSN:

2147-110X

Abstract:

 

In this paper, we aim to investigate the behaviour of exchange rate pass-through in Turkey. We examine how the pass-through evolves over time by employing a rolling VAR. We find that the exchange rate pass-through has declined sharply after the adoption of inflation targeting regime. Additionally, we find that the exchange rate has a larger impact on the producer prices than on the consumer prices, and the gap between two impacts has significantly increased after the implementation of inflation targeting.

Article Details

The Evolution of Exchange RatePass-Through in Turkey: Does InflationTargeting Matter?

Authors: Dincer DEDEOGLUA | Huseyin KAYAB

Publisher: Musiad (Independent Industrialists and Businessmen's Association)

Journal: Afro Eurasian Studies 2014 Vol.3 Issue 1, pp.26-33

Document Type: Article

Publication Date: 5/2014

Document Language: Turkish

Document ID (Org No.): 2000659055

Frequency: Tri-annual

eISSN: 2667-5315

pISSN: 2147-110X

Issues

Authors:

Dincer DEDEOGLUA | Huseyin KAYAB

Publisher:

Musiad (Independent Industrialists and Businessmen's Association)

Journal:

Afro Eurasian Studies 2014 Vol.3 Issue 1, pp.26-33

Document Type:

Article

Publication Date:

5/2014

Document Language:

Turkish

Document ID (Org No.):

2000659055

Frequency:

Tri-annual

eISSN:

2667-5315

pISSN:

2147-110X