Ozmen, Erdal; Gokcan, Aysun - In: Applied Financial Economics 14 (2004) 11, pp. 779-784
This paper investigates the interrelations between purchasing power parity (PPP) and uncovered interest parity (UIP) in Turkey using Johansen cointegration analysis for a system containing Turkish and US inflation rates, interest rates, and exchange rate. The results of a structural model...