Do financial conditions have a predictive power on inflation in Turkey?

This paper aims at examining the causal relationships between financial conditions and inflation in Turkey by employing quarterly data from 2005:Q1 to 2015:Q3. To this end, the paper, first, constructs a financial conditions index (FCI) in Turkey and observes that the FCI can considerably capture th...

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Bibliographic Details
Main Author: Umit Bulut
Format: Article
Language:English
Published: EconJournals 2016-04-01
Series:International Journal of Economics and Financial Issues
Subjects:
Online Access:https://dergipark.org.tr/tr/pub/ijefi/issue/31978/352495?publisher=http-www-cag-edu-tr-ilhan-ozturk