Showing 1 - 7 of 7
Growth and inflation in Turkey have been volatile over the last two decades. It would, therefore, be useful to identify … indicators for inflation and real output growth in Turkey. We find that (i) the forecasting ability of individual indicators is …
Persistent link: https://www.econbiz.de/10014401315
In light of the strong correlation between exchange rate movements and domestic prices in Turkey, it is important to … assess the impact of the exchange rate on domestic prices, in particular as Turkey moves to an inflation targeting regime … Turkey. We find that (i) the impact of the exchange rate on prices is over after about a year, but is mostly felt in the …
Persistent link: https://www.econbiz.de/10014399543
This paper presents an empirical measure of disinflation credibility and discusses its evolution in Turkey since the … disinflation in Turkey …
Persistent link: https://www.econbiz.de/10014404049
Persistent link: https://www.econbiz.de/10011281177
The IMF’s Global Integrated Monetary and Fiscal model (GIMF) is used to examine the scope for structural reforms in the euro area to offset the negative impact of fiscal consolidation required to put public debt back on a sustainable path. The results suggest that structural reforms in core...
Persistent link: https://www.econbiz.de/10012667497
In this paper, we investigate the mechanisms through which import tariffs impact the macroeconomy in two large scale workhorse models used for quantitative policy analysis: a computational general equilibrium (CGE) model (Purdue University GTAP model) and a multi-country dynamic stochastic...
Persistent link: https://www.econbiz.de/10012486064
The Global Integrated Monetary and Fiscal model (GIMF) is a multi-region, forward-looking, DSGE model developed at the International Monetary Fund for policy analysis and international economic research. This paper documents the incorporation of demographic features into the model. The analysis...
Persistent link: https://www.econbiz.de/10012300678