factors. The main purpose of this study is to determine the effects of inflation (consumer price index), interest rate, rental … starting from January 2002 to December 2019. Findings of the study suggest that inflation, interest rate, rental and political … long-run decline in housing prices while high-interest rates and inflation cause an increase in housing prices. Based on …

factors. The main purpose of this study is to determine the effects of inflation (consumer price index), interest rate, rental … starting from January 2002 to December 2019. Findings of the study suggest that inflation, interest rate, rental and political … long-run decline in housing prices while high-interest rates and inflation cause an increase in housing prices. Based on …

Inflation expectations constitute a subject of particular contemporary interest to central banks, especially those … pursuing a monetary policy based on a strategy of direct inflation targeting. Macroeconomic theory indicates that the … to properties of inflation expectations. Qualitative data on inflation expectations, as obtained from surveys, can be …

, however, is the incompleteness of its reform process: the boom-bust nature of its growth, persistently high inflation, delays …, to reduce inflation to single digits by the end of 2002. Since then, though, Turkey has experienced two financial crises … and redesigned its stabilization program to bring inflation down more gradually. This collection analyzes the nature of …

stronger bargaining position when they try to prevent a cut in money wages. If inflation is so low that some money wages have … to be cut, workers stronger bargaining position requires higher unemployment in equilibrium. However, inflation is more … stable when money wage rigidity binds, providing an incentive for monetary policy makers to choose a low target for inflation …