Hasanov, Mübariz; Araç, Aysen; Telatar, Funda - In: Economic Modelling 27 (2010) 5, pp. 1103-1115
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. Linearity...
