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Nermin Yaşar Başkaraağaç

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Open access Oct 2026

Real Effective Exchange Rate Dynamics in Transition Economies: Evidence of Nonlinear, Asymmetric, and Threshold-Based Adjustment

This study re-examines the validity of purchasing power parity (PPP) in transition economies by investigating the dynamics of real effective exchange rates (REERs) for nine countries over the period 1994-2024. Given the profound economic transformation, policy regime changes, and recurrent external shocks experienced b...

Nermin Yaşar Başkaraağaç · 0 citations

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