The Relationship Between Inflation And Inflation Uncertainty In Turkey
Электронный научный архив УРФУ
Информация об архиве | Просмотр оригинала| Поле | Значение | |
| Заглавие |
The Relationship Between Inflation And Inflation Uncertainty In Turkey
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| Автор |
Erdem, H. F.
Yamak, R. |
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| Тематика |
GRANGER CAUSALITY
INFLATION INFLATION UNCERTAINTY KALMAN FILTER ANALYSIS TURKISH ECONOMY |
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| Описание |
In economic literature, the idea that inflation increases inflation uncertainty, starting by Okun (1971) and later resuming as Friedman — Ball Hypothesis, has created new discussions about the degree and the direction of the relationship between both variables. The aim of this study is to investigate the causal relationship between inflation and inflation uncertainty and compare the causal relationship for high and low inflation periods in Turkish Economy. The data used in the study are monthly and cover the period of 1988-2010. The whole period has been divided into two sub-periods as 1988-2004 and 2004-2010 to compare high and low inflation periods. In this study, in order to get data on the inflation uncertainty, the optimal ARIMA model was estimated by using Kalman Filter analysis technique. The relationship between inflation and inflation uncertainty was finally tested by using Granger Causality analysis for two periods.
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| Дата |
2024-04-17T11:46:59Z
2024-04-17T11:46:59Z 2014 |
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| Тип |
Article
Journal article (info:eu-repo/semantics/article) Published version (info:eu-repo/semantics/publishedVersion) |
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| Идентификатор |
Erdem H. F. The Relationship Between Inflation And Inflation Uncertainty In Turkey / H. F. Erdem, R. Yamak // Economy of Region. — 2014. — Iss. 4. — P. 246-254.
2411-1406 2072-6414 http://elar.urfu.ru/handle/10995/131999 84979807615 |
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| Язык |
en
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| Связанные ресурсы |
Экономика региона. 2014. Выпуск 4
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| Права |
Open access (info:eu-repo/semantics/openAccess)
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| Формат |
application/pdf
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| Издатель |
Institute of Economics, Ural Branch of the Russian Academy of Sciences
Институт экономики Уральского отделения РАН |
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| Источник |
Econ. Reg.
Economy of Region |
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