This study aims to investigate the channels through which international business cycles are transmitted to Turkish economy. Our analysis follows two steps: i) business cycle transmission is measured using Longest Common Subsequence (LCS) method, a pattern recognition algorithm that accounts for...

This study aims to re-examine the time-varying structure of exchange rate pass-through (ERPT), adopting a distinct empirical route, dynamic model averaging (DMA) method. This method allows both parameters and predictors of the model to change over time, encompassing model uncertainty in the...