| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5054964 | Economic Modelling | 2012 | 7 Pages |
Abstract
⺠We study the relationship between globalization and domestic inflation rate. ⺠OLS estimations point out that global output gap has an effect on inflation rate. ⺠TVP estimations indicate the coefficient of domestic output gap declined over time. ⺠It hampers the ability of monetary policy to stabilize prices and economic activity. ⺠CBRT should pay even more attention to developments of the global output gap.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Serkan Ãiçek,