Effects of Exchange Rate Uncertainty on Turkish Foreign Trade: Wavelet Analysis
Dr. İlyas Akhisar, Dr. Abdulkadir Tepecik

Abstract
In this paper, wavelet method used to analyze the effects of Exchange Rate (ER) on Foreign Trade Rate (FTR) for the period of 1991 to 2011. Data based on monthly records of the Turkish treasury. The technical analysis of continuous and 1-D discrete package has been applied in data. Wavelet techniques can help to detect abrupt changes and trends of data. Firstly, deals with an introduction of wavelet technique for its proper understanding. We discuss basic ingredients of the wavelet methodology and data in later. After that correlations of economical parameters are given. Finally, deals with results and conclusion.

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