Growth and inflation in Turkey have been volatile over the last two decades. It would, therefore, be useful to identify … indicators that anticipate economic conditions and inflation. This paper investigates the predictive performance of economic … indicators for inflation and real output growth in Turkey. We find that (i) the forecasting ability of individual indicators is …

of these estimates is the measure of labor market slack. The traditional measure of unemployment in Korea yields an … rather than registering as unemployed. This paper discusses a way in which the measure of unemployment can be broadened to …

non accelerating inflation rate of unemployment (NAIRU) improves on univariate methods as the Hodrick-Prescott (HP) filter …

that this may have contributed to more elastic aggregate supply in recent years, which is consistent with lower inflation …