Browsing by Keywords "Inflation"
Now showing items 21-40 of 52
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The Fisher hypothesis: a multi-country analysis
(Routledge, 2002)This paper tests whether the Fisher hypothesis holds for a sample of 26 countries by assessing the long run relationship between nominal interest rates and inflation rates taking into consideration the short run dynamics ... -
The Fisher hypothesis: a multi-country analysis
(Bilkent University, 1999)There is a long tradition of testing the Fisher hypothesis on the long run relationship between inflation and nominal interest rates. In this study, we examine the before tax strong version of the Fisher hypothesis for ... -
High inflation and returns on residential real estate: evidence from Turkey
(Routledge, 2000)This study examines the hedging behaviour of real estate investment in a high inflationary environment. The hypothesis that the real estate investment hedges both expected and unexpected inflation is tested. The returns ... -
The impact of inflation uncertainty on interest rates in the UK
(Wiley-Blackwell Publishing Ltd., 1999)This paper assesses the effect of expected inflation and inflation risk on interest rates within the Fisher hypothesis framework. Autoregressive Conditional Heteroscedastic models are used to estimate the conditional ... -
The implicit reaction function of the Central Bank of the Republic of Turkey
(Routledge, 2000)Reviewing the implicit reaction function estimation under different specifications, it appears that the Central Bank of the Republic of Turkey (CBRT) responds to the lagged inflation rate rather than the forward one, M2Y ... -
Inflation accounting and effects of inflation adjusted accounting figures on decision making
(Bilkent University, 1995)Various studies in accounting have shown that, historical cost model can not adapt itself to the changing economic environment. The change that is being suggested is a modification to the existing accounting practice ... -
Inflation and growth: Positive or negative relationship?
(A N S I Network, 2008)This study has been motivated by two developments. Firstly, by the vast literature on the relationship between inflation and growth which is abundantly endowed with diverse theoretical explanations and contradictory evidence ... -
Inflation and inflation uncertainty in the G-7 countries
(Elsevier BV, 2005)This study examines the relationship between inflation and inflation uncertainty in the G-7 countries for the period from 1957 to 2001. The causality between the inflation and inflation uncertainty is tested by using the ... -
The inflation and inflation uncertainty relationship for Turkey: a dynamic framework
(Springer, 2011)This article assesses the interaction between inflation and inflation uncertainty in a dynamic framework for Turkey by using monthly data for the time period 1984-2009. The bulk of previous studies investigating the link ... -
Inflation and inflation uncertainty: a dynamic framework
(Elsevier BV, 2012)This paper aims to investigate the direct relationship between inflation and inflation uncertainty by employing a dynamic method for the monthly country-region-place United States data for the time period 1976-2007. While ... -
Inflation dynamics and its sources in the Ottoman Empire: 1586-1913
(Routledge, 2007)This study examines the dynamics and determinants of inflation in the Ottoman Empire during the 1586-1913 period. There are two possible reasons for inflation: fiscal expansion and monetary expansion, which could be generated ... -
Inflation targeting, employment creation and economic development: assessing the impacts and policy alternatives
(Routledge, 2008)Inflation targeting (IT) has recently become the dominant monetary policy prescription for both developing and industrialized countries alike. Emerging market governments, in particular, are increasingly pressured to follow ... -
Inflation uncertainty and interest rates: Is the Fisher relation universal?
(Routledge, 2007)This paper tests the validity of the Fisher hypothesis, which establishes a positive relation between interest rates and expected inflation, for the G7 countries and 45 developing economies. For this purpose, we estimate ... -
Inflationary effect of crude oil prices in Turkey
(Elsevier BV, 2002)It is generally acknowledged that changes in oil prices affect economic welfare in ways that are not entirely reflected in transactions in the oil market. In this article, by using the 1990 input-output table, the inflationary ... -
Kernels, inflations, evaluations, and imprimitivity of Mackey functors
(Elsevier, 2008-03-01)Let M be a Mackey functor for a finite group G. By the kernel of M we mean the largest normal subgroup N of G such that M can be inflated from a Mackey functor for G / N. We first study kernels of Mackey functors, and ... -
Learning, inflation, and the Phillips Curve
(Bilkent University, 2000)The Replicator Dynamics of Evolutionary Game Theory is introduced in a closed economy so as to model how a continuum of firms evolve over time with respect to the pricing strategies. Incorporation- of Replicator Dynamics ... -
Macroeconomics and the term structure
(American Economic Association, 2012)This paper provides an overview of the analysis of the term structure of interest rates with a special emphasis on recent developments at the intersection of macroeconomics and finance. The topic is important to investors ... -
Macroeconomics of twin-targeting in Turkey: analytics of a financial computable general equilibrium model
(Routledge, 2008)The paper provides an overview of the post-1998 Turkish economy and constructs a macroeconomic computable general equilibrium (CGE) model to illustrate the real and financial sectoral adjustments of the Turkish economy ... -
Measuring exchange rate misalignment in Turkey
(Routledge, 2004)Turkey has embarked an extensive dis-inflation and stabilization program in December 1999. The programme exclusively relied on a nominally pegged (anchored) exchange rate system for dis-inflation and on fiscal austerity. ... -
The missing link between inflation uncertainty and interest rates
(Wiley-Blackwell Publishing Ltd., 2005)In the literature, there is no consensus about the direction of the effects of inflation uncertainty on interest rates. This paper states that such a result may stem from differentiation in the sources of the uncertainties ...
