Financing Agency) but slowly as measured by owner equivalent rents (3.4%), so measured core inflation remained relatively docile … during this period, since only rents are used to measure inflation for housing services in the United States. Over the last …

This paper investigates the inflation dynamics in Turkey between 1988 and 2000. Using model-free techniques, we first … observe that there is strong inertia in Turkish inflation. Next, we look at the correlations between Consumer Price Index (CPI …) inflation and the leads and lags of the various possible determinants of CPI inflation. The evidence indicates that there are …