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Journals / Maliye ve Finans Yazıları / 2017 / Sayı: 108

The Analysis of the Exchange Rate Channel of Monetary Transmission Mechanism by VAR Model Method: Turkey, Mexico and Indonesia Examples

Parasal Aktarım Mekanizması Döviz Kuru Kanalının VAR Modeli Yöntemine Göre Analizi: Türkiye, Meksika ve Endonezya Ülke Örnekleri

Musa ATGÜR
N. Oğuzhan ALTAY
Pages
27–48
Publication Date
2017-10-01
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

The findings obtained show that partially works of the monetary transmission mechanism exchange rate channel in Turkey that the channel doesn't work in Mexico and Indonesia.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This paper examines the efficiency of the monetary transmission mechanism exchange rate channel using the VAR Model Method in Turkey, Mexico and Indonesia.
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Key Findings & Data:Quarterly data were used in this paper, the period 2002:I-2016:IV for all three countries.
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Conclusion & Impact:The findings obtained show that partially works of the monetary transmission mechanism exchange rate channel in Turkey that the channel doesn't work in Mexico and Indonesia.
🔬Design:Modeling & Simulation
📍Scope:2002 Verileri
⚙️Variables:Parasal Aktarım Mekanizması · Döviz Kuru Kanalı · VAR Modeli

Abstract

This paper examines the efficiency of the monetary transmission mechanism exchange rate channel using the VAR Model Method in Turkey, Mexico and Indonesia. Quarterly data were used in this paper, the period 2002:I-2016:IV for all three countries. The findings obtained show that partially works of the monetary transmission mechanism exchange rate channel in Turkey that the channel doesn't work in Mexico and Indonesia.

Özet

Bu çalışmada, Türkiye, Meksika ve Endonezya’da parasal aktarım mekanizması döviz kuru kanalının etkinliği VAR Modeli Yöntemi ile incelenmiştir. Çalışmada üçer aylık veriler kullanılmış olup, her üç ülke için, 2002:I-2016:IV dönemi incelenmiştir. Elde edilen bulgular, parasal aktarım mekanizması döviz kuru kanalının Türkiye’de kısmen çalıştığını, Meksika’da ve Endonezya’da söz konusu kanalın çalışmadığını ortaya koymuştur.

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Cite This Article

ATGÜR, M., ALTAY, N. O. (2017). The Analysis of the Exchange Rate Channel of Monetary Transmission Mechanism by VAR Model Method: Turkey, Mexico and Indonesia Examples. Maliye ve Finans Yazıları, Sayı: 108, 27–48. https://ajindex.com/articles/228911

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