TY  - BOOK
AU  - KYRIAZIS Nikolaos A.
AU  - ECONOMOU Emmanouil-M. L.
TI  - The impacts of geopolitical uncertainty on Turkish Lira during the Erdoğan administration
PY  - 2022///
KW  - GEOPOLITICAL UNCERTAINTY
KW  - TURKISH LIRA
KW  - CURRENCY VALUES
KW  - GOLD
KW  - FTSE_TURKEY
KW  - ERDOĞAN
N2  - This paper sets out to explore whether the Turkish geopolitical uncertainty exhibits significant linkages with fluctuations in the Turkish lira (TRY) values against other currencies. The period examined covers the Erdoğan administration (March 2003 up to the present). The innovative geopolitical uncertainty index by Caldara and Iacoviello and modern GARCH methodologies are adopted in order to explore how geopolitical risk influences currency values and the overall economy during this turbulent period. Econometric outcomes reveal that geopolitical uncertainty leads to devaluation of TRY against the US dollar, the Swiss franc and the Swedish krona but in a non-significant manner whereas mixed results emerge concerning the impacts of macroeconomic or financial variables
UR  - https://www.tandfonline.com/doi/full/10.1080/10242694.2021.1904200
ER  -