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In economic literature, the idea that inflation increases inflation uncertainty, starting by Okun (1971) and later … between both variables. The aim of this study is to investigate the causal relationship between inflation and inflation … uncertainty and compare the causal relationship for high and low inflation periods in Turkish Economy. The data used in the study …
Persistent link: https://www.econbiz.de/10011269902
, however, is the incompleteness of its reform process: the boom-bust nature of its growth, persistently high inflation, delays …, to reduce inflation to single digits by the end of 2002. Since then, though, Turkey has experienced two financial crises … and redesigned its stabilization program to bring inflation down more gradually. This collection analyzes the nature of …
Persistent link: https://www.econbiz.de/10011274966
rates and domestic inflation while increasing both the real output growth and also the stock exchange index considering an …
Persistent link: https://www.econbiz.de/10005112849
been subject to a weakly exogenous characteristic and conclude that the main factors leading to domestic inflation are …
Persistent link: https://www.econbiz.de/10008550062
Turkish inflation, and a model attempt on inflation phenomenon is estimated. The results obtained support the view of cost …-push inflation. Also the factors resulting from public sector pricing behavior and also the price inertia phenomenon are estimated as …
Persistent link: https://www.econbiz.de/10008497644
This paper examines the extent to which changes in exchange rates result in changes in Turkish domestic inflation … that exchange rate shocks feed into domestic inflation, first at the level of manufacturers’ prices and then at the level … manufacturer price index in determining Turkish inflation rates. In addition, the decline in the exchange rate pass-through impact …
Persistent link: https://www.econbiz.de/10008497664
This paper investigates the effect of the inflation thresholds on growth in post-1980 period in Turkey. A bivariate non … there are two thresholds and three seperate inflation regimes with regard to the effects on growth. …
Persistent link: https://www.econbiz.de/10008466978
the course of the monetary aggregates seems to be endogenous as to the course of the inflation. Moreover, impulse …
Persistent link: https://www.econbiz.de/10008482037
(This abstract and the paper are in Turkish.) Ekonomik krizler; herhangi bir mal, hizmet, uretim faktoru veya doviz piyasasindaki fiyat ve/veya miktarlarda, kabul edilebilir bir degisme sinirinin otesinde gerceklesen siddetli dalgalanmalar olarak tanimlanabilir. Soz konusu krizlerin ortaya...
Persistent link: https://www.econbiz.de/10005126199
In this study, the causal relationships between inflation, output growth and uncertainty have been re-examined for the … period with monthly data, the mutual Granger causality between inflation and inflation uncertainty cannot be rejected in a … the output growth uncertainty. Some evidence have also been obtained in favor of that an increase in inflation uncertainty …
Persistent link: https://www.econbiz.de/10008621714