机构:
Turkiye Istatistik Kurumu Ankara Bolge Mudurlugu, Nakis Sok 41, TR-06460 Ankara, TurkeyTurkiye Istatistik Kurumu Ankara Bolge Mudurlugu, Nakis Sok 41, TR-06460 Ankara, Turkey
Yigit, Ozlem
[1
]
Gokce, Atilla
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机构:
Gazi Univ, IIBF Ekonometri Bolumu, TR-06500 Ankara, TurkeyTurkiye Istatistik Kurumu Ankara Bolge Mudurlugu, Nakis Sok 41, TR-06460 Ankara, Turkey
Gokce, Atilla
[2
]
机构:
[1] Turkiye Istatistik Kurumu Ankara Bolge Mudurlugu, Nakis Sok 41, TR-06460 Ankara, Turkey
[2] Gazi Univ, IIBF Ekonometri Bolumu, TR-06500 Ankara, Turkey
In this paper, core inflation in the Turkish Economy is estimated using the structural vector autoregressive (SVAR) approach proposed by Quah and Vahey (1995). One of the main problems for a monetary authority with an explicit or implicit goal of price stability is to have a proper assessment of the impact of external shocks on final domestic prices. In order to explain this impact, Quah and Vahey's model were extended to include import prices. Assuming that movements in headline inflation are stemmed from supply, import price, and demand shocks, core inflation is estimated as a component of headline inflation, which has no effect on real output in the long- run or, which is driven by demand shocks.
机构:
Department of Economics, Faculty of Arts, The Maharaja Sayajirao University of Baroda, Vadodara, 390 002, GujaratDepartment of Economics, Faculty of Arts, The Maharaja Sayajirao University of Baroda, Vadodara, 390 002, Gujarat
Bishnoi T.R.
Koirala T.P.
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机构:
Department of Economics, Faculty of Arts, The Maharaja Sayajirao University of Baroda, Vadodara, 390 002, Gujarat
Nepal Rastra Bank, KathmanduDepartment of Economics, Faculty of Arts, The Maharaja Sayajirao University of Baroda, Vadodara, 390 002, Gujarat
机构:
Faculty of Political Sciences, Department of Economics, Ankara Yıldırım Beyazıt University, Esenboga Campus, Çubuk, AnkaraFaculty of Political Sciences, Department of Economics, Ankara Yıldırım Beyazıt University, Esenboga Campus, Çubuk, Ankara
Aslan M.
Ozgur O.
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机构:
Faculty of Political Sciences, Department of Economics, Ankara Yıldırım Beyazıt University, Esenboga Campus, Çubuk, AnkaraFaculty of Political Sciences, Department of Economics, Ankara Yıldırım Beyazıt University, Esenboga Campus, Çubuk, Ankara
机构:
Acad Econ Studies Bucharest, Fac Econ, Dept Econ & Econ Policies, Bucharest, RomaniaAcad Econ Studies Bucharest, Fac Econ, Dept Econ & Econ Policies, Bucharest, Romania
Ailenei, Dorel
Cristescu, Amalia
论文数: 0引用数: 0
h-index: 0
机构:
Acad Econ Studies Bucharest, Fac Econ, Dept Econ & Econ Policies, Bucharest, RomaniaAcad Econ Studies Bucharest, Fac Econ, Dept Econ & Econ Policies, Bucharest, Romania
Cristescu, Amalia
ECONOMIC WORLD DESTINY: CRISIS AND GLOBALIZATION?, SECTION IV: BANKING, ACCOUNTING AND FINANCIAL SYSTEMS FROM THE 21ST CENTURY PERSPECTIVE,
2010,
: 3
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