Ä°mre ERSOY - In: Journal of Applied Economic Sciences 6 (2011) 3(17)/ Fall 2011, pp. 230-243
The aim of this paper is to investigate the motives behind the accelerated reserve stockpiling in Turkey. To that end, the paper investigates the long-run equilibrium relationship and Granger causality for the periods of 1974-2009 between international reserves of Turkey and a set of variables...