information in predicting inflation and output in Turkey. Divisia aggregates have superior information content in predicting …

financial markets, and imperfect though vibrant and wide-based democracy, Turkey is often cited as a development model for other … in privatising state-owned enterprises, and high and persistent government budget deficits. In January 2000 Turkey …, to reduce inflation to single digits by the end of 2002. Since then, though, Turkey has experienced two financial crises …

This study analyzes core inflation concept for Turkey from the perspective of design and evaluation. To our best … knowledge, this is the first study to evaluate the performance of the core inflation measures for Turkey. We first define and …. Considering the significant shift in the inflation process in Turkey, we split the sample into two as pre- and post-2003 when …

This paper attempts to explain the ERBS syndrome in Turkey by appeal to weak credibility cum sticky prices. By … developing a model specifically for the 2000–2001 heterodox ERBS program in Turkey, I also depart from the existing literature … observed after the implementation of the program in Turkey. In order to assess the model's quantitative performance; it is …

We provide Bayesian estimates of an empirical model of consumer price inflation for Turkey based on the hybrid New …

rate series for Turkey. Design/methodology/approach – The validity of the Barro-Gordon model's implications is tested by … cointegrated. Originality/value – The results of this study suggest that the time-inconsistency problem for Turkey can be valid in …

rate series for Turkey. Design/methodology/approach – The validity of the Barro‐Gordon model's implications is tested by … cointegrated. Originality/value – The results of this study suggest that the time‐inconsistency problem for Turkey can be valid in …

Purpose – Using data from Turkey, this paper seeks to investigate whether relative price changes can help to explain …