INTEREST RATES, FISHER EFFECT AND ECONOMIC DEVELOPMENT IN TURKEY, 1989-2011
This paper investigates the validity of the Fisher Hypothesis in Turkey covering the period 2003 – 2012. To test validity of Fisher Hypothesis, this paper uses an Autoregressive Distributed Lag test for threshold cointegration recently introduced in the literature by Li and Lee (2010). The empirical...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Universidade de Santiago de Compostela
2016-11-01
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Series: | Revista Galega de Economía |
Subjects: | |
Online Access: | https://revistas.usc.gal/index.php/rge/article/view/3740 |