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Dergiler / Gazi University Journal of Science / 2016 / Cilt: 29 - Sayı: 2

DETERMINING RELATIVE WEIGHTS OF INFLATION UNCERTAINTY IN TURKEY VIA CPI AND ITS COMPONENTS

Pınar Göktaş
Ali Çımat
Sayfa
343–363
Yayın Tarihi
2016-06-20
DOI
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⚡ TL;DR(1 Cümlede Hızlı Çıkarım)

Contrary to expectations, it was revealed that the expenditure group having the greatest impact on inflation uncertainty is not “food, beverage and tobacco” expenditure group but “transportation”.

📌 3 Maddede Bu Makale

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Amaç & Hipotez:This study aims to investigate the interaction of main expenditures groups of CPI with the fluctuations taking place at the level of general prices and calculate the relative weights of theirs uncertainties within inflation uncertainty.
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Temel Bulgular & Veri:Since there might be structural breaks in the investigated variables, Bai-Perron test, GARCH-type models are constructed by including the breaks in the fluctuation measurement and ARDL approach has been used to determine the long-term relationship between the variables.
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Sonuç & Katkı:Contrary to expectations, it was revealed that the expenditure group having the greatest impact on inflation uncertainty is not “food, beverage and tobacco” expenditure group but “transportation”.
🔬Tür:Modelleme & Sayısal Simülasyon
📍Kapsam:Genişletilmiş Akademik Örneklem
⚙️Değişkenler:GARCH-type models with multiple structural breaks · Bai-Perron method · Inflation uncertainty

Abstract

This study aims to investigate the interaction of main expenditures groups of CPI with the fluctuations taking place at the level of general prices and calculate the relative weights of theirs uncertainties within inflation uncertainty. Since there might be structural breaks in the investigated variables, Bai-Perron test, GARCH-type models are constructed by including the breaks in the fluctuation measurement and ARDL approach has been used to determine the long-term relationship between the variables. Contrary to expectations, it was revealed that the expenditure group having the greatest impact on inflation uncertainty is not “food, beverage and tobacco” expenditure group but “transportation”.

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Bu Makaleye Atıf Yap

Göktaş, P., Çımat, A. (2016). DETERMINING RELATIVE WEIGHTS OF INFLATION UNCERTAINTY IN TURKEY VIA CPI AND ITS COMPONENTS. Gazi University Journal of Science, Cilt: 29 - Sayı: 2, 343–363. https://ajindex.com/articles/255448

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Kaynakça (15)

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