Purpose – The purpose of this paper is to analyze the time-inconsistency problem between inflation and unemployment …. Then the modified Barro-Gordon model's constraint is applied to the detrended inflation and unemployment rate. Findings … – The results of this study suggest that both inflation and unemployment series are not stationary and they include the unit …

nation’s 2000-01 economic crisis. Higher growth could reduce unemployment and raise living standards toward European Union … levels. This paper reviews Turkey’s policy performance in terms of growth, inflation, debt, fiscal and financial sector … reform, and labor markets. The analysis assesses the effectiveness of macroeconomic stabilization and structural reforms …

reference to developing countries - reviews related economic theories; considers consequences of higher inflation rates in Chile …

strategies adopted by the national governments of overindebted EU countries, during the recent crisis, given the specific context …

incorporate real unit labor costs. On the other hand, estimations for services inflation point to the importance of real unit …We provide Bayesian estimates of an empirical model of consumer price inflation for Turkey based on the hybrid New … real marginal costs does a better job in explaining consumer price inflation compared to alternative models which …

There is a significant relation between inflation, which is known as an increase in the general level of prices in the … broadest sense of the word, money and growth. While the course of the relationship between money supply and inflation is … evident in general terms, an overall tendency related to the relationship between inflation and growth hasn't been clarified …