Dissecting Turkish inflation: theory, fact, and illusion

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dc.authoridÖzcan, Gülserim/0000-0002-8207-8930
dc.authoridKantur, Zeynep/0000-0002-5756-6457
dc.authorscopusid14527322100
dc.authorscopusid54789176300
dc.authorwosidÖzcan, Gülserim/GLV-4093-2022
dc.authorwosidÖzcan, Gülserim/W-3133-2018
dc.contributor.authorAkbal, Gülserim Özcan
dc.contributor.authorOzcan, Gulserim
dc.contributor.otherEconomics
dc.date.accessioned2024-07-05T15:17:16Z
dc.date.available2024-07-05T15:17:16Z
dc.date.issued2022
dc.departmentAtılım Universityen_US
dc.department-temp[Kantur, Zeynep] Baskent Univ, Dept Econ, TR-06790 Ankara, Turkey; [Ozcan, Gulserim] Atilim Univ, Dept Econ, TR-06830 Ankara, Turkeyen_US
dc.descriptionÖzcan, Gülserim/0000-0002-8207-8930; Kantur, Zeynep/0000-0002-5756-6457en_US
dc.description.abstractThe policy debate in Turkey over the impact of interest rate on inflation concerns the question of what policymakers should do when faced with volatile and high inflation. Motivated by this discussion, we provide an empirical analysis by connecting the cost channel to the Phillips relation. Our findings prove the existence of the cost channel. However, other determinants of inflation -labor share of income, prices of imported inputs, and consumption goods -dominate the cost channel in Turkey.en_US
dc.identifier.citation2
dc.identifier.doi10.1007/s10644-021-09357-1
dc.identifier.endpage1553en_US
dc.identifier.issn1573-9414
dc.identifier.issn1574-0277
dc.identifier.issue3en_US
dc.identifier.scopus2-s2.0-85117174568
dc.identifier.scopusqualityQ2
dc.identifier.startpage1543en_US
dc.identifier.urihttps://doi.org/10.1007/s10644-021-09357-1
dc.identifier.urihttps://hdl.handle.net/20.500.14411/1736
dc.identifier.volume55en_US
dc.identifier.wosWOS:000708769000001
dc.identifier.wosqualityQ2
dc.language.isoenen_US
dc.publisherSpringeren_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectInflation dynamicsen_US
dc.subjectCost channelen_US
dc.subjectMonetary transmissionen_US
dc.subjectOpen economy New Keynesian Phillips curveen_US
dc.subjectGeneralized method of momentsen_US
dc.titleDissecting Turkish inflation: theory, fact, and illusionen_US
dc.typeArticleen_US
dspace.entity.typePublication
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