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Journals / Dokuz Eylül Üniversitesi Sosyal Bilimler Enstitüsü Dergisi / 2014 / Cilt: 16 - Sayı: 2

Rational Expectation Hypothesis: The Case of Turkish Manufacturing Industry

Rasyonel Beklentiler Hipotezi: Türk İmalat Sanayi Örneği

Sinem YILMAZ
Zehra ABDİOĞLU
Pages
325–347
Publication Date
2014-09-30
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Keywords: Rationality, Manufacturing Industry, Unbiasedness, Efficiency, Orthogonality.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:AbstractThe aim of this study is to test rationality of inflation expectations in Turkey.
📊
Key Findings & Data:In this study, the rationality of manufacturing industry and sub-sectors’ inflation expectations were investigated in Turkey using the Manufacturing Industry Tendency Statistics which reported by Turkish Statistical Institute (TurkStat) for the period of 1992-2009.
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Conclusion & Impact:Keywords: Rationality, Manufacturing Industry, Unbiasedness, Efficiency, Orthogonality.
🔬Design:Research Article
📍Scope:2009 Verileri
⚙️Variables:Rasyonellik · İmalat Sanayi · Yansızlık

Abstract

AbstractThe aim of this study is to test rationality of inflation expectations in Turkey. In this study, the rationality of manufacturing industry and sub-sectors’ inflation expectations were investigated in Turkey using the Manufacturing Industry Tendency Statistics which reported by Turkish Statistical Institute (TurkStat) for the period of 1992-2009. Whether the expectations are rational is tested by the analysis of unbiasedness, autocorrelation, efficiency, and orthogonality. According to results, the inflation expectations for the total manufacturing industry and sub-sectors are not rational for the period under discussion. Keywords: Rationality, Manufacturing Industry, Unbiasedness, Efficiency, Orthogonality.

Özet

ÖzBu çalışmanın amacı Türkiye’de enflasyon beklentilerinin rasyonelliğinin test edilmesidir. Bu çalışmada 1992-2009 dönemi itibariyle Türkiye’de imalat sanayi ve alt sektörleri için enflasyon beklentilerinin rasyonelliği Türkiye İstatistik Kurumu (TÜİK) tarafından raporlanan İmalat Sanayi Eğilim İstatistikleri kullanılarak araştırılmıştır. Beklentilerin rasyonel olup olmadığı yansızlık, otokorelasyon, etkinlik ve ortogonallik analizleri ile test edilmiştir. Elde edilen sonuçlara göre incelenen dönem itibariyle toplam imalat sanayi ve alt sektörleri bazında enflasyon beklentileri rasyonel değildir.Anahtar Kelimeler: Rasyonellik, İmalat Sanayi, Yansızlık, Etkinlik, Ortogonallik.

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Cite This Article

YILMAZ, S., ABDİOĞLU, Z. (2014). Rational Expectation Hypothesis: The Case of Turkish Manufacturing Industry. Dokuz Eylül Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, Cilt: 16 - Sayı: 2, 325–347. https://ajindex.com/articles/67737

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