For central banks, whose primary objective is to maintain low and sustainable inflation, understanding the determinants …. This study empirically analyzes the determinants of the processed food inflation in Turkey. The findings point out that the … recent acceleration in the processed food inflation mostly stems from supply side shocks triggered by domestic drought and …

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 …

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 …

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 …