Ekonomi ve Finansal Araştırmalar Dergisi
Yazarlar: ["Özlem Simay CELKAN"]
Konular:-
DOI:10.56668/jefr.1310360
Anahtar Kelimeler:Enflasyon,Döviz Kuru Geçişkenliği,Türkiye
Özet: In this study, the impact of exchange rate changes on domestic inflation in the Turkish economy is examined. The analyses cover monthly data from 2013-2021. The study is based on the data of the 10 countries that Turkey imports the most between the years 2013-2021. The weights of import rates were calculated for 10 countries according to the foreign exchange types, and as a result, US Dollar and Euro were taken as the weighted exchange rate. The Consumer Price Index (CPI) and its subgroups are used to measure inflation. Regression analyses are conducted based on the study by Gagnon and Ihrig (2004). The model used in the regression aims to observe the effect of both consumer price index and exchange rate fluctuations on domestic prices. The analysis results also show that exchange rate volatility influences general consumer prices during the period examined. Results of short-term and long-term volatility are also discussed.