Martin, Christopher; Çatik, A. Nazif; Onder, A. Özlem - In: Journal of Economic Studies 38 (2011) November, pp. 546-561
Purpose – Using data from Turkey, this paper seeks to investigate whether relative price changes can help to explain the Phillips Curve relationship between inflation and output. Design/methodology/approach – Building on work by Ball and Mankiw, the paper includes measures of the variance...
