Cayirli, Omer; Kayalidere, Koray; Aktas, Hüseyin - 2021
We investigate the regime-dependent and time-varying behavior of inflation expectations and the uncertainties of … expectations in Turkey through threshold regressions, and lag-augmented vector autoregression (LA-VAR) based time-varying Granger … causality tests. Results suggest state-dependent behavior of both the level and the uncertainty of inflation expectations …