micro-level price data from Turkey during two clearly distinguishable periods of high and low inflation. The results …This paper investigates the relationship between the level of inflation and regional price-level convergence utilizing … indicate that higher persistence and slower convergence of price levels are evident during the low-inflation period, which …

governors to manage food price inflation. This paper undertakes the analysis of volatility and volatility spillover between … has a considerable weight in regular spending of households. In the last decade, Turkey experienced higher food price … inflation compared to consumer price index. In this context our main purpose is to provide useful insight for policymakers and …

inflation volatility.Also, causality tests results indicate that changes in the exchangerate, output gap volatility, and output … gap will have permanent andtemporary causal effects on inflation volatility. The policymakersshould carefully consider … these results to implement appropriatepolicies to reduce inflation volatility. The finding that the shocks areof temporary …

not confined to that component. Turkey, a predominantly Muslim country, constitutes a good example of moving holidays …