BAYAT, Tayfur; SENTURK, Mehmet; KAYHAN, Selim - In: Theoretical and Applied Economics XVIII(2014) (2014) 11(600), pp. 27-42
In this paper aims to investigate the asymmetric relationship between nominal-real exchange rate and foreign exchange reserves of Central Bank in Turkey over the period of 2003:01-2014:01. The study benefits from the recent advance in the nonlinear time series econometric analysis and carries...