Inflation aversion in Turkey
Küçük Resim Yok
Tarih
2023
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Elsevier
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
Inflation has been at the center of policy debates in Turkey since the 1970s. Although the country experienced a rapid disinflation period during the early 2000s, Turkish inflation has always remained high compared to other developing countries. Disinflationary policies require a long-run commitment of policymakers backed by public consensus and strong institutions. In this paper, we aim to understand the factors that shape the public attitudes of Turkish citizens towards inflation for the period between 2004 and 2020 using Eurobarometer data. We find that belonging to a vulnerable class increases the probability of being inflation averse, while favorable expectations for the future, being on the right of the political spectrum, and trust in politicians decrease inflation aversion.
Açıklama
Anahtar Kelimeler
Inflation Aversion, Unemployment Aversion, Central Bank Communication, Monetary Policy, Turkey, Policy, Unemployment
Kaynak
Economic Systems
WoS Q Değeri
N/A
Scopus Q Değeri
Q2
Cilt
47
Sayı
4
