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Enflasyon hedeflemesi popülaritesi giderek artan bir para politikası rejimidir. Enflasyon hedeflemesinin popülaritesinin giderek artmasının nedeni, makroekonomik performansı olumlu etkilediğine inanılmasıdır. Bu çalışmada bu görüşün geçerliliği gelişmekte olan ülkeler...
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As a result of the current global financial crisis, in 2009 the world economy is likely to experience the largest contraction since World War II and the unemployment rate to reach historical highs in many countries. The fact that the current global crisis is originated from the U.S. and followed...
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game theory, behavioral economics, behavioral game theory, evolutionary game theory, neuroeconomics, experimental economics … and multiple equilibrium, they provide new oportunities to the theory of economics. In this study, firstly, Austrian …
Persistent link: https://www.econbiz.de/10009704284
Inflation compensation derived from nominal and real bond yields contains market based, real time information regarding … the inflation expectations and the pricing of inflation risks. In this study, we calculate inflation compensation by … estimating nominal and real yield curves for Turkish data. Event studies on inflation compensation calculated by using yield …
Persistent link: https://www.econbiz.de/10009407623
This paper examines the relationship between inflation and economic growth in Turkey. Quarterly data covers the period … of 1987:1-2003:2. According to the results from this study, inflation affects economic growth negatively. A 10% increase … in inflation rate would reduce growth rate by 1.9%. Furthermore, Granger causality analysis indicates that a …
Persistent link: https://www.econbiz.de/10011528974
In this paper, Turkish high and persistent inflation experience and its impact on inflation uncertainty and growth have … been investigated. GARCH models are used to generate a measure of inflation uncertainty and quarterly data covers the … period of 1987:1-2003:3. According to the results from this study, inflation and inflation uncertainty are of negative …
Persistent link: https://www.econbiz.de/10011529067