An analysis of regime shifts in the Turkish economy
Küçük Resim Yok
Tarih
2008
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Elsevier
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
We use a time-varying dynamic factor model with regime switching to construct and estimate the leading indicators of the currency crises in Turkey. After that, we analyze the business cycles of the Turkish economy, by using a three-state univariate Markov-switching model. Both models capture the observed dynamics of the Turkish economy over the period 1987-2002. (C) 2007 Elsevier B.V. All rights reserved.
Açıklama
Anahtar Kelimeler
Currency Crisis, Markov-Switching, Time-Varying Parameter, Three-State Model, Turkey, Likelihood Ratio Test, Exchange-Rates, Markov, Series
Kaynak
Economic Modelling
WoS Q Değeri
Q4
Scopus Q Değeri
Q1
Cilt
25
Sayı
5
