Özer, Mustafa; Grubišić, Zoran; Küçüksakarya, Sevilay - In: Journal of Central Banking Theory and Practice 12 (2023) 1, pp. 5-26
This study first investigates the short and long-run effectsof exchange rate, output gap and output gap volatility on inflationvolatility in Turkey by using the ARDL bounds testing approach.Second, we also examine the causal relationship among these vari-ables by using Toda-Yamamoto and...