Basturk, Nalan; Cakmakli, Cem; Ceyhan, Pinar; Dijk, … - İktisat Bölümü, İktisadi ve İdari Bilimler Fakültesi - 2013
Changing time series properties of US inflation and economic activity, measured as marginal costs, are modeled within a …. Forward and backward looking expectation components for inflation are incorporated and their relative importance is evaluated …. Survey data on expected inflation are introduced to strengthen the information in the likelihood. Use is made of simulation …