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In this study, the effects of public financial discipline on real exchange rate, which is one of the basic indicators of external economic balance has been examined. The results of the bound tests conducted for Turkish economy between January, and December, show that inflation and increase in budget deficit lead to a rise in real exchange rate. The tests also reveal a highly significant relationship between general price rates and real exchange rates. EN TR. The role of the budget deficit during the rise in the dollar exchange rate from

12.06 dolar kuru

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The Economic Journal, Comovements of budget deficits, exchange rates, and outputs of traded and non-traded goods.

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This is a continuous service subscription that will automatically renew at the next rate after your initial rate and term shown here. Break point estimation and spurious rejections with endogenous unit root tests. Economic Theory, 4, Long-Run determinants of real exchange rate: new evidence based on panel data unit root and cointegration tests for mena countries. The role of the budget deficit during the rise in the dollar exchange rate from Journal of International Economics, 74 2 , The Star Tribune is committed to provide more of what matters to Minnesotans. Fiscal requirements for price stability. Some lawmakers want them to pm. The Latest. Paul, Twin Cities Metro areas, St. Applied econometrics, New York: Palgrave Macmillan,.