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Türkiye’de Döviz Kuru Hareketlerinin İç Fiyatlara (İthalat Fiyatları, ÜFE ve TÜFE) Geçişi

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  • Sabri AZGÜN

Abstract

Recently, there has been a revival of interest in understanding how changes in the exchange rate pass-through to domestic prices. Pass-through process has been explored within the new open economy macro economic framework based on optimizing behavior. In light of the strong correlation between exchange rate movements and domestic prices, it is important to assess the impact of the exchange rate on domestic prices, in particular as Turkey moves to an inflation targeting regime. Aim of this study is to estimate passthrough into domestic prices of exchange rate movements by means of structural VAR model. In this context, as well as transition into domestic prices of exchange rate movements, it has been also investigated the effect of supply and demand shocks on domestic prices.

Suggested Citation

  • Sabri AZGÜN, 2013. "Türkiye’de Döviz Kuru Hareketlerinin İç Fiyatlara (İthalat Fiyatları, ÜFE ve TÜFE) Geçişi," Sosyoekonomi Journal, Sosyoekonomi Society, issue 20(20).
    • Handle: RePEc:sos:sosjrn:130205
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    Keywords

    Exchange Rate; Pass-Through; Supply and Demand Shocks.;
    All these keywords.

    JEL classification:

    • E29 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Other
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

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