| Yazarlar (1) |
Doç. Dr. Hüseyin Levent KORAP
Kastamonu Üniversitesi, Türkiye |
| Özet |
| In this paper, the preceding / causal relationships between inflation and inflation uncertainty have been tried to be examined for the Turkish economy. Dealing with the information content of this relationship, we estimate that positive inflationary shocks are associated with statistically significant and quantitatively larger levels of inflation uncertainty than are negative shocks. Our estimation results indicate that inflation in fact leads to inflation uncertainty in line with the Friedman-Ball hypotheses. However, our findings contradict the CukiermanMeltzer hypotheses that inflation uncertainty leads to inflation in a positive way. We find that the larger the inflation uncertainty the lower would likely to be the level of inflation |
| Anahtar Kelimeler |
| Makale Türü | Özgün Makale |
| Makale Alt Türü | Ulusal alan endekslerinde (TR Dizin, ULAKBİM) yayınlanan tam makale |
| Dergi Adı | İstanbul Üniversitesi İktisat Fakültesi Mecmuası |
| Dergi ISSN | 2602-4152 Wos Dergi |
| Dergi Tarandığı Indeksler | ULAKBİM, EBSCO, ASOS Sosyal Bilimler İndeksi |
| Makale Dili | İngilizce |
| Basım Tarihi | 01-2010 |
| Cilt No | 60 |
| Sayı | 2 |
| Sayfalar | 157 / 172 |
| Makale Linki | https://dergipark.org.tr/tr/pub/iuifm/issue/797/8702 |
