Hasanov, Mubariz; Arac, Aysen; Telatar, Funda - İktisat Bölumu, İktisadi ve İdari Bilimler Fakültesi - 2012
In this paper, we investigate possible nonlinearities in the inflation–output relationship in Turkey for the 1980–2008 period. We first estimate a linear bivariate model for the inflation rate and output gap, and test for linearity of the estimated model against nonlinear alternatives....