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Journals / Ekonomik ve Sosyal Araştırmalar Dergisi / 2014 / Cilt: 10 - Sayı: 1

ECONOMETRIC ANALYSIS OF THE RELATIONSHIP AMONG INFLATION, THE EXCHANGE RATE AND UNEMPLOYMENT IN TURKEY

Emine Türkan GÜVEN AYVAZ
Sibel SELİM
Pages
127–145
Publication Date
2022-10-11
DOI
—
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AI Summary & Key Takeaways

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

Results of the analysis demonstrate that, real effective exchangerate affects CPI.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Turkey is a country, which process high and chronic inflation and unemploymentdepending on crises and negative developments from the late 1970s to thepresent and is a country trying to fight it.
📊
Key Findings & Data:Moreover, increase in real effectiveexchange rates affect domestic prices by increasing the costs of import sectorsand also may cause unemployment.
💡
Conclusion & Impact:Results of the analysis demonstrate that, real effective exchangerate affects CPI.
🔬Design:Research Article
📍Scope:2012 Verileri
⚙️Variables:Domain Parameters

Abstract

Turkey is a country, which process high and chronic inflation and unemploymentdepending on crises and negative developments from the late 1970s to thepresent and is a country trying to fight it. One of the most important facts ofeconomics is to follow a low level inflation and less unemployment policy inorder to provide and sustain economic stability. As a result of instability inforeign exchange markets, national or international fluctuations have affectedwelfare levels of countries negatively. Moreover, increase in real effectiveexchange rates affect domestic prices by increasing the costs of import sectorsand also may cause unemployment. This study aims to reveal the correlationamong inflation, the exchange rate and unemployment in Turkey. The realeffective exchange rates, CPI (consumer price index) and unemployment is usedto examine short-and long-term relationships between these variables. Theeconometric analysis is performed for 1990-2012 years and then the results havebeen interpreted. Results of the analysis demonstrate that, real effective exchangerate affects CPI.

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Cite This Article

AYVAZ, E. T. G., SELİM, S. (2022). ECONOMETRIC ANALYSIS OF THE RELATIONSHIP AMONG INFLATION, THE EXCHANGE RATE AND UNEMPLOYMENT IN TURKEY. Ekonomik ve Sosyal Araştırmalar Dergisi, Cilt: 10 - Sayı: 1, 127–145. https://ajindex.com/articles/499647

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