Measuring Disinflation Credibility in Emerging Markets : A Bayesian Approach with An Application to Turkey /

This paper presents an empirical measure of disinflation credibility and discusses its evolution in Turkey since the 2001 crisis. The results indicate that credibility has improved markedly over this period, boding well for the future of disinflation in Turkey.

Dettagli Bibliografici
Autore principale: Rebucci, Alessandro
Altri autori: Rossi, Marco
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2004.
Serie:IMF Working Papers; Working Paper ; No. 2004/208
Accesso online:Full text available on IMF