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

Year: 2008

Type: article

Abstract: 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.

Source: Applied Economics

DOI: 10.1080/00036840600949322

Authors: Hakan Berument, Eray M. Yucel

Institutions: Bilkent University, Central Bank of the Republic of Turkey

Language: English

Topic: Monetary Policy and Economic Impact

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: green

OpenAlex ID: W2074103105

FWCI:

Cites: 17

Cited by: 3

Related to: 10