Saltoglu, Burak; Yazgan, M. Ege - In: Emerging Markets Finance and Trade 48 (2012) S5, pp. 48-63
In this paper, we investigate the interrelationships among Turkish interest rates having different maturities by using a regime-switching vector error correction model. We find a relationship of long-run equilibrium among interest rates having various maturities. Furthermore, we conclude that...