GROWTH EFFECTS OF CURRENCY MISALIGNMENT AND CAPITAL FLIGHT IN TURKEY

نویسندگان

چکیده

This study examines the growth effects of real exchange rate (RER) misalignment and capital flight in Turkey during period 1981-2019. The World Bank’s residual method suggests that is a widespread problem Single Equation Approach adopted to delineate series RER identifies Turkey’s significantly misaligned throughout sample period. Their are then examined using autoregressive distributed lag (ARDL) bounds approach we document degrades per capita output while faltering evident presence policy variables along with currency misalignment.

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ژورنال

عنوان ژورنال: Buletin Ekonomi Moneter dan Perbankan

سال: 2023

ISSN: ['1410-8046']

DOI: https://doi.org/10.59091/1410-8046.2069