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

Author

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  • Musa Atgür

    (Necmettin Erbakan University)

  • N. Oğuzhan Altay

    (Ege University)

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.

Suggested Citation

  • Musa Atgür & N. Oğuzhan Altay, 2017. "The Analysis of the Exchange Rate Channel of Monetary Transmission Mechanism by Var Model Method: Turkey, Mexico and Indonesia Examples," Journal of Finance Letters (Maliye ve Finans Yazıları), Maliye ve Finans Yazıları Yayıncılık Ltd. Şti., vol. 32(108), pages 27-48, October.
    • Handle: RePEc:acc:malfin:v:32:y:2017:i:108:p:27-48
    DOI: https://doi.org/10.33203/mfy.357657
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    References listed on IDEAS

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