Siyaset Ekonomi ve Yönetim Araştırmaları Dergisi
Yazarlar: Ümit GÜMRAH, Fatih KONUR
Konular:-
DOI:10.25272/j.2147-7035.2017.5.4.05
Anahtar Kelimeler:Exchange Rate Pass-Through,Asymmetry,Vector Error Correction
Özet: The effect of changes in exchange rates on the prices of imported goods is expressed as the exchange rate pass-through. Exchange rate fluctuations are an important factor affecting many macroeconomic variables, such as inflation. In this study, exchange rate pass-through to import prices in Turkey was investigated using cointegration and vector error correction models for the period 2002 January to 2016 February. According to the findings obtained in the study; changes in exchange rates in Turkey are reflected in the prices of imported goods, but pass-through does not show an asymmetrical relationship.