The staff report for the Sixth Review and Inflation Consultation Under the Stand-By Arrangement on Turkey explains the …

Adequate modeling of the seasonal structure of consumer prices is essential for inflation forecasting. This paper … suggests a new econometric approach for jointly determining inflation forecasts and monetary policy stances, particularly where … money growth and implied exchange rate paths along with a jointly determined inflation forecast. The approach uses two broad …

Persistently high inflation rates have led many to believe that inflation in Turkey has become "inertial," posing an … obstacle to disinflation. We assess the empirical validity of this argument. We find that the current degree of inflation …, expectations of future inflation are more important than past inflation in shaping the inflation process, providing little evidence …

which have a framework of explicit inflation targets for the implementation of monetary policy. This adaptation should aim …

money in forecasting euro-area inflation. We compare the predictive performance within and among various classes of … contains relevant information for inflation in some model classes. Money-based New Keynesian DSGE models and VARs incorporating …

, Uganda (both de jure money targeters), and Ghana (a de jure inflation targeter), and compare the de facto adherence to …

Extending recent theoretical contributions on sources of inflation inertia, we argue that monetary uncertainty accounts …

Exchange rate-based inflation stabilization (ERBS) policies are associated with a boom-recession cycle in economic … forward-looking pricing behavior without inflation stickiness and attribute the slow decline in inflation to the consumption …-looking components of inflation weigh approximately equally in pricing behavior, and therefore, that inflation is partially sticky. The …