An Econometric Analysis of the Determinants of Inflation in Turkey /

High and variable inflation has been a central feature of the Turkish economy since the 1970s. This paper seeks to shed some light on the determinants of inflation in Turkey by analyzing price determination within the framework of a multi-sector macroeconomic model during 1970-95. The main findings...

Πλήρης περιγραφή

Λεπτομέρειες βιβλιογραφικής εγγραφής
Κύριος συγγραφέας: Papi, Laura
Άλλοι συγγραφείς: Lim, G.
Μορφή: Επιστημονικό περιοδικό
Γλώσσα:English
Έκδοση: Washington, D.C. : International Monetary Fund, 1997.
Σειρά:IMF Working Papers; Working Paper ; No. 1997/170
Διαθέσιμο Online:Full text available on IMF
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245 1 3 |a An Econometric Analysis of the Determinants of Inflation in Turkey /  |c Laura Papi, G. Lim. 
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300 |a 1 online resource (33 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a High and variable inflation has been a central feature of the Turkish economy since the 1970s. This paper seeks to shed some light on the determinants of inflation in Turkey by analyzing price determination within the framework of a multi-sector macroeconomic model during 1970-95. The main findings are that monetary variables (initially money, more recently the exchange rate) play a central role in the inflationary process, that public sector deficits contribute to inflationary pressures, and that inertial factors are quantitatively important. Policymakers' commitment to active exchange rate depreciation on several occasions in the past 15 years has also contributed to the inflationary process. 
538 |a Mode of access: Internet 
700 1 |a Lim, G. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1997/170 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1997/170/001.1997.issue-170-en.xml  |z IMF e-Library