• Author/Authors

    BAYAT, Tayfur İnönü Üniversitesi - İktisadi ve İdari Bilimler Fakültesi - İktisat Bölümü, Turkey

  • Title Of Article

    FEASIBILITY OF FISHER EFFECT IN TURKEY: NONLINEAR COINTEGRATION APPROACH

  • شماره ركورد
    16815
  • Abstract
    In this study, it is aimed to investigate relationship between alternative nominal deferred deposit interest rates and consumer price index in Turkey by using monthly data belonging 2002M1 and 2011M5 period in the context of Fisher (1930) hypothesis. Dickey-Fuller (1981) unit root test and Seo (2006) non-linear co-integration test are applied for this analysis. At the end of analysis, it can be inferred from results that as there is no change in regime after practicing inflation targeting strategy and floating exchange rate regime, there is no Fisher effect for Turkey in this period.
  • From Page
    47
  • NaturalLanguageKeyword
    Fisher Effect , Nonliear Cointegration , Inflation , Interest Rates
  • JournalTitle
    Erciyes University Journal Of Economics an‎d Administrative Sciences
  • To Page
    60
  • JournalTitle
    Erciyes University Journal Of Economics an‎d Administrative Sciences
    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=44&DC=16815