Searching for the optimal level: Inflation and price variability in Turkey

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dc.contributor.authorKarahan, Hatice
dc.contributor.authorYazgan, M. Ege
dc.date.accessioned10.07.201910:49:13
dc.date.accessioned2019-07-10T19:35:30Z
dc.date.available10.07.201910:49:14
dc.date.available2019-07-10T19:35:30Z
dc.date.issued2023
dc.departmentİstanbul Medipol Üniversitesi, İşletme ve Yönetim Bilimleri Fakültesi, Uluslararası Ticaret ve Finansman Bölümü
dc.description.abstractThis 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%.
dc.identifier.citationKarahan, H. ve Yazgan, M. E. (2023). Searching for the optimal level: Inflation and price variability in Turkey. Singapore Economic Review, 68(1), 197-215. https://dx.doi.org/10.1142/S0217590819500231
dc.identifier.doi10.1142/S0217590819500231
dc.identifier.endpage215
dc.identifier.issn0217-5908
dc.identifier.issue1
dc.identifier.scopus2-s2.0-85066023874
dc.identifier.scopusqualityQ3
dc.identifier.startpage197
dc.identifier.urihttps://hdl.handle.net/20.500.12511/809
dc.identifier.urihttps://dx.doi.org/10.1142/S0217590819500231
dc.identifier.volume68
dc.identifier.wos000960621400009en_US
dc.identifier.wosqualityQ3
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherWorld Scientific Publishing Co. Pte Ltd
dc.relation.ispartofSingapore Economic Reviewen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.subjectInflation
dc.subjectRelative Price Variability
dc.subjectSemi-Parametric Regression
dc.titleSearching for the optimal level: Inflation and price variability in Turkey
dc.typeArticle

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