Yesilyurt, Filiz; Elhorst, J. - In: The Annals of Regional Science 52 (2014) 1, pp. 1-17
A hybrid new Keynesian Phillips curve is estimated with spatial interaction effects among the dependent and the independent variables using data of 67 provinces across Turkey over the period 1987–2001. In contrast to previous studies, backward-looking behavior appears to be more or equally...