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100 1 _aKYRIAZIS Nikolaos A.
700 _aECONOMOU Emmanouil-M. L.
245 _aThe impacts of geopolitical uncertainty on Turkish Lira during the Erdoğan administration/
_cNikolaos A. Kyriazis & Emmanouil-M. L. Economou
260 _c2022
520 _aThis 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.
650 _aGEOPOLITICAL UNCERTAINTY
650 _aTURKISH LIRA
650 _aCURRENCY VALUES
_xGOLD
650 _aFTSE_TURKEY
650 _aERDOĞAN
773 _aDefence and Peace Economics:
_gVol 33, No. 6, October 2022, pp.731-750
598 _aECONOMICS
856 _uhttps://www.tandfonline.com/doi/full/10.1080/10242694.2021.1904200
_zClick here for full text
945 _i69135.1001
_rY
_sY
999 _c42232
_d42232