Money Supply, Inflation and Dollarization: An Analysis on Türkiye Using Fourier Models
Journal: Uluslararası Ekonomi İşletme ve Politika Dergisi
Year: 2024

This study examines the impact of inflation and money supply on dollarization. Especially in recent years, the rapid rise of the exchange rate and inflation in Türkiye has put the phenomenon of dollarization back on the agenda. The study covers the period 2012Q4-2023Q4. The study first applies the Fourier ADL cointegration test, which allows for soft breaks. As a result of the test, it was found that the variables have a long run relationship. In the short run, only budget revenue has a positive