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Erschienen in:
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2022 | OriginalPaper | Buchkapitel

Is There an End to the Currency Crisis in Turkey?: An Empirical Investigation

verfasst von : Balaga Mohana Rao, Suvvari Ananda Rao

Erschienen in: Studies in International Economics and Finance

Verlag: Springer Singapore

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Abstract

Our study investigates the currency crisis in Turkey for the period 2001Q1–2020Q4. In this paper, we construct an Exchange Market Pressure Index to identify the currency crisis and/or stress periods. After identifying the crisis periods, we use the binary logit model to find the determinants of the crisis in Turkey. The following periods have been identified as crisis periods: 2001Q1, 2001Q2, 2001Q3, 2001Q4, 2018Q3, 2020Q3 and 2020Q4. Our results suggest that rate, current account balance, openness, exports and inflation act as the determinants of the currency crisis in Turkey.

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Vorheriges Kapitel Estimation of Critical Level of Exchange Rate to Manage Corporate Default and NPAs
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Metadaten
Titel
Is There an End to the Currency Crisis in Turkey?: An Empirical Investigation
verfasst von
Balaga Mohana Rao
Suvvari Ananda Rao
Copyright-Jahr
2022
Verlag
Springer Singapore
Buch
Studies in International Economics and Finance

Print ISBN: 978-981-16-7061-9

Electronic ISBN: 978-981-16-7062-6

Copyright-Jahr: 2022

DOI
https://doi.org/10.1007/978-981-16-7062-6_25

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