Bulut, Umit - In: Journal of Central Banking Theory and Practice 7 (2018) 3, pp. 73-90
This paper aims at specifying the determinants of 12-month ahead and 24-month ahead inflation expectations in Turkey by … using monthly data from April 2006 to December 2016. Put differently, this paper tries to shed light on how inflation … expectations respond to changes in past inflation rate, inflation target, output gap, USD/TL exchange rate, oil price, and EMBI in …