Turkey has been implementing import surveillance measures. A possible impact of that is the over-invoicing of imports to avoid surveillance procedures, as goods whose prices are under a predefined reference undergo surveillance. We extend mirror statistics methodology with panel data techniques...

Bu çalışmada, para politikası kararlarının piyasalar tarafından beklenen ve beklenmeyen kısımları ayrıştırılarak, Merkez Bankası'nın faiz kararlarının finansal piyasalardaki göreli uzun vadeli faiz oranları ve İMKB-100, İMKB-Mali, döviz kuru, risk primi gibi değişkenler...

Many economic time series, specifically inflation, are subject to seasonal fluctuations. Seasonal adjustment is a powerful tool for removing such fluctuations. Meanwhile, seasonal adjustment may provide highly volatile series, as it deals with certain type of movements completed on seasonal...

In this study, we discuss the overall performance of different core inflation measures for Turkey. We first describe and derive the core measures based on exclusion, statistical and model-based methods. We then compare their performances during the entire sample period of January 2003 –...