SEARCHING FOR THE OPTIMAL LEVEL: INFLATION AND PRICE VARIABILITY IN TURKEY
Küçük Resim Yok
Tarih
2023
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
World Scientific Publ Co Pte Ltd
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
This paper explores the relationship between inflation and relative price variability (RPV) in Turkey for the period 2004-2017 to shed further light on the issue with relatively recent data. For this purpose, we use monthly price data for 12 main item groups and 414 specific items thereof. Analyses show that RPV for the period of interest exhibits large fluctuations, being particularly salient in the categories of communications and food. Regarding the underlying functional form, semi-parametric estimation results indicate a U-shaped relationship between inflation and RPV, where the latter reaches its minimum at an inflation level close to 8%.
Açıklama
Anahtar Kelimeler
Relative Price Variability, İnflation, Semi-Parametric Regression, Dispersion, Costs
Kaynak
Singapore Economic Review
WoS Q Değeri
N/A
Scopus Q Değeri
Q3
Cilt
68
Sayı
1
