Publication:
The role of fiscal discipline on the exchange-rate pass-through during inflation targeting

dc.contributor.authorACET DÖNMEZ, GİZEM
dc.contributor.authorsGüneş H., Acet Dönmez G.
dc.date.accessioned2023-05-16T06:43:27Z
dc.date.available2023-05-16T06:43:27Z
dc.date.issued2023-05-01
dc.description.abstractThe purpose of this paper is to examine the role of fiscal discipline on the dynamics of exchange rate pass-through during inflation targeting. The present study analyses the Turkish economy for the period 2006–2022 by the use of threshold regression models. Our results suggest that fiscal discipline, measured by the IMF-defined primary budget balance as a share of GDP (which excludes the one-off government revenues balance such as privatization, interest earnings, and real estate sales) has a significant role in inflation dynamics. The degree of exchange rate pass-through is significantly lower and thus raises the effectiveness of inflation targeting when the government ensues strict fiscal discipline
dc.identifier.citationGüneş H., Acet Dönmez G., "The role of fiscal discipline on the exchange-rate pass-through during inflation targeting", APPLIED ECONOMICS LETTERS, cilt.31, ss.1-7, 2023
dc.identifier.doi10.1080/13504851.2023.2208819
dc.identifier.endpage7
dc.identifier.issn1350-4851
dc.identifier.startpage1
dc.identifier.urihttp://dx.doi.org/10.1080/13504851.2023.2208819
dc.identifier.urihttps://hdl.handle.net/11424/289383
dc.identifier.volume31
dc.language.isoeng
dc.relation.ispartofAPPLIED ECONOMICS LETTERS
dc.rightsinfo:eu-repo/semantics/openAccess
dc.subjectİktisat
dc.subjectEconomics
dc.subjectSosyal Bilimler (SOC)
dc.subjectEkonomi ve İş
dc.subjectEKONOMİ
dc.subjectSocial Sciences (SOC)
dc.subjectECONOMICS & BUSINESS
dc.subjectECONOMICS
dc.subjectEkonomi ve Ekonometri
dc.subjectEkonomi, Ekonometri ve Finans (çeşitli)
dc.subjectGenel Ekonomi, Ekonometri ve Finans
dc.subjectSosyal Bilimler ve Beşeri Bilimler
dc.subjectEconomics and Econometrics
dc.subjectEconomics, Econometrics and Finance (miscellaneous)
dc.subjectGeneral Economics, Econometrics and Finance
dc.subjectSocial Sciences & Humanities
dc.subjectExchange rate pass-through
dc.subjectinflation targeting
dc.subjectfiscal discipline
dc.subjecteffectiveness of monetary policy
dc.titleThe role of fiscal discipline on the exchange-rate pass-through during inflation targeting
dc.typearticle
dspace.entity.typePublication
local.avesis.id128eed39-0e48-4b01-85cc-13bc7cc5097e
relation.isAuthorOfPublication963970e3-1b7a-4fe0-9d68-4abf6dc226f5
relation.isAuthorOfPublication.latestForDiscovery963970e3-1b7a-4fe0-9d68-4abf6dc226f5

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