Add to ORKGThis paper presents empirical evidence supporting instability of the Phillips curve in Turkey. We employ the multiple structural break models and the Markov switching models and then evaluate the performance of the two models. The data pertains to the monthly inflation rate in Turkey for the period of 1987-2004. The results show that the Turkish Phillips curve is not linear. There exists no evidence on the asymmetry in the inflation response to output gap. The persistence of inflation is found to be much lower than in linear models. After 2001 slight decline in persistence of inflation is observed
In this study, it is employed that Expectations-Augmented Philips Curve Model to investigate the lin...
Copyright © 2013 Çiğdem Boz. This is an open access article distributed under the Creative Commons A...
Inflation and unemployment indicators are among the most significant success criteria of a country’s...
This article, presents empirical evidence supporting instability of the Phillips curve in Turkey. We...
The growing adoption of an inflation targeting framework in emerging market economies has increased ...
The growing adoption of inflation targeting (IT) framework in emerging market economies has increase...
Purpose: Using data from Turkey, this paper seeks to investigate whether relative price changes can ...
This paper uses the P-star model to explain inflation dynamics in Turkey. In P-star models, money pl...
This study examines the alternative specification of monetary policy rules during inflation targetin...
The aim of this paper is to investigate the performance of the Phillips curve to forecast inflation ...
WOS: 000220452600005The aim of this paper is to investigate the performance of the Phillips curve to...
We argue that relative price changes are a key component of the Phillips curve relationship between ...
WOS: 000298163000007This paper investigates the existence of oil pass-through to inflation for Turke...
In recent years, the importance attached to the concept of volatility has increased and become a phe...
Turkey implemented an ambitious restructuring of the economy in the past several years, including th...
In this study, it is employed that Expectations-Augmented Philips Curve Model to investigate the lin...
Copyright © 2013 Çiğdem Boz. This is an open access article distributed under the Creative Commons A...
Inflation and unemployment indicators are among the most significant success criteria of a country’s...
This article, presents empirical evidence supporting instability of the Phillips curve in Turkey. We...
The growing adoption of an inflation targeting framework in emerging market economies has increased ...
The growing adoption of inflation targeting (IT) framework in emerging market economies has increase...
Purpose: Using data from Turkey, this paper seeks to investigate whether relative price changes can ...
This paper uses the P-star model to explain inflation dynamics in Turkey. In P-star models, money pl...
This study examines the alternative specification of monetary policy rules during inflation targetin...
The aim of this paper is to investigate the performance of the Phillips curve to forecast inflation ...
WOS: 000220452600005The aim of this paper is to investigate the performance of the Phillips curve to...
We argue that relative price changes are a key component of the Phillips curve relationship between ...
WOS: 000298163000007This paper investigates the existence of oil pass-through to inflation for Turke...
In recent years, the importance attached to the concept of volatility has increased and become a phe...
Turkey implemented an ambitious restructuring of the economy in the past several years, including th...
In this study, it is employed that Expectations-Augmented Philips Curve Model to investigate the lin...
Copyright © 2013 Çiğdem Boz. This is an open access article distributed under the Creative Commons A...
Inflation and unemployment indicators are among the most significant success criteria of a country’s...