Alışveriş Maliyetleri Parasal Hizmet Modeli: Türkiye Örneği

Yıl 2006, Cilt: 1 Sayı: 1, 15 - 39, 01.01.2006

Ahmet Çetin

Öz

Bu çalışmada, Ratti ve Jeong (1994)’ın Alışveriş Maliyetleri Parasal Hizmet Modeli, 1989:01-1999:12 dönemlerini kapsayan Türkiye’nin aylık verilerine uygulanmıştır. Veri setinde yapısal kırılma tespit edildiğinden eşbütünleşme ve hata düzeltme modelleri, yapısal kırılma dikkate alınarak uygulanmıştır. Elde edilen ampirik bulgulara göre, Türkiye’de reel döviz kurunun para ikamesinin kaynaklarından biri olduğu yönünde deliller ortaya konmuştur

Anahtar Kelimeler

Para ikamesi, eşbütünleşme, yapısal kırılma, reel döviz kuru belirsizliği

Kaynakça

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