Effects of USD-Euro parity on a small open economy: evidence from Turkey

被引：0

作者：

Berument, Hakan ^{[2
]}

Yucel, Eray M. ^{[1
]}

机构：

[1] Cent Bank Republ Turkey, Res & Monetary Policy Dept, TR-06100 Ankara, Turkey

[2] Bilkent Univ, Dept Econ, TR-06800 Ankara, Turkey

来源：

APPLIED ECONOMICS | 2008年 / 40卷 / 16期

关键词：

D O I：

10.1080/00036840600949322

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study assesses the effect of USD-Euro parity on a small open economy where exports are predominantly denominated in Euros and imports are denominated in USD. Empirical evidence from Turkey suggests that a positive change in the USD value of the Euro appreciates the local currency, decreases inflation and increases output.

引用

页码：2165 / 2174

页数：10

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