Show/Hide Menu
Hide/Show Apps
Logout
Türkçe
Türkçe
Search
Search
Login
Login
OpenMETU
OpenMETU
About
About
Open Science Policy
Open Science Policy
Open Access Guideline
Open Access Guideline
Postgraduate Thesis Guideline
Postgraduate Thesis Guideline
Communities & Collections
Communities & Collections
Help
Help
Frequently Asked Questions
Frequently Asked Questions
Guides
Guides
Thesis submission
Thesis submission
MS without thesis term project submission
MS without thesis term project submission
Publication submission with DOI
Publication submission with DOI
Publication submission
Publication submission
Supporting Information
Supporting Information
General Information
General Information
Copyright, Embargo and License
Copyright, Embargo and License
Contact us
Contact us
STAR models : An Application to Turkish Inflation and Exchange Rates
Download
index.pdf
Date
2004
Author
Yıldırım, Dilem
Metadata
Show full item record
Item Usage Stats
211
views
96
downloads
Cite This
The recent empirical literature has shown that the dynamic generating mechanism of macroeconomic variables can be asymmetric. Inspiring from these empirical results, this thesis uses a class of nonlinear models called smooth transition autoregressive models to investigate possible asymmetric dynamics in inflation and nominal exchange rate series of Turkey. Estimation results imply that variables under consideration contain strong nonlinearities and these can be modeled by STAR models.
Subject Keywords
Business cycles.
,
Business cycles.
URI
http://etd.lib.metu.edu.tr/upload/12605735/index.pdf
https://hdl.handle.net/11511/14841
Collections
Graduate School of Social Sciences, Thesis
Suggestions
OpenMETU
Core
Financial capital flows and economic growth: the Turkish case
Kömürcüoğlu, Muammer; Akbostancı Özkazanç, Elif; Department of Economics (2010)
This study analyzes the effect of capital outflows on economic growth though the channels described in sudden stop literature. Using the autoregressive distributed lag (ARDL) bounds testing approach; it is found that there is a cointegration between capital inflows, real exchange rate and real GDP. The results show that there is a significant positive long-run relation between capital inflows and growth. It is also found that capital inflows affect real output in the short run. The results show that real ex...
Keynes and Modern Macroeconomics
Semmler, Willi; Gong, Gang (Orta Doğu Teknik Üniversitesi (Ankara, Turkey), 2008-6)
Recently, the dynamic general equilibrium (DGE) model, or its more popular version, the Real Business Cycle Model, has become a dominant paradigm in macroeconomics. Also many New Keynesians have embraced this new paradigm. Keynes in his General Theory has extensively responded to and criticized classical economics that was dominant at his time. This paper elaborates on how Keynes would have responded to this new paradigm. Moreover, we discuss some major macroeconomic issues and show of how differences in tr...
Efficiency in Turkish agriculture : a farm houshold level analysis
Dudu, Hasan; Çakmak, Erol; Department of Economics (2005)
This thesis analyzes the efficiency structure of Turkish agriculture in farm household level by using various models of stochastic frontier analysis. A household level survey conducted in 2002 and 2004 is used in the analysis. Firstly, an efficient production frontier is estimated by a panel data models. By using these estimates, relative importance of production factors and their interaction with various farm specific factors are inspected. The parameters of production frontier show that agricultural produ...
Application of the theory of constraints to an elective course registration system
Üstün, Pınar; Onay, Lamia Zeynep; Department of Business Administration (2010)
The Theory of Constraints (TOC) is a holistic management philosophy put forward by Eliyahu Goldratt in 1984. The thinking process and improvement tools discussed in this theory are mainly geared to manufacturing environments, however their applicability to service environments has also been shown for private professional service organizations. This study demonstrates that the steps and principles of the TOC can also be applied to non-profit services, such as the elective course registration process describe...
Exchange Rate Pass-Through in Turkey: An Empiricial Investigation
Pekbaş, Melek Özgür; Özmen, Adalı; Department of Economics (2004)
This study investigates the degree of exchange rate pass-through to prices in different sectors for Turkish economy using Johansen Cointegration procedure. The study is based on quarterly data from 1994:1 to 2003:4. In this study it is concluded that the long-run exchange rate pass-through to overall wholesale prices for Turkey is very high and nearly complete. High pass-through degrees are also valid for different sub-sectors wholesale prices like private, public, manufacturing industry and energy. Moreove...
Citation Formats
IEEE
ACM
APA
CHICAGO
MLA
BibTeX
D. Yıldırım, “STAR models : An Application to Turkish Inflation and Exchange Rates,” M.S. - Master of Science, Middle East Technical University, 2004.
