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Original Article
Online Published: 26 Mar 2014
 


INFLATION TARGETING, DEVELOPING COUNTRIES AND PRELIMINIARY CONSİDERATIONS FOR TURKEY

Alparslan AKÇORAOĞLU.


Cited By:1

Abstract
The major objective of this paper is to analyze the applicability inflation targeting framework in Turkey. Moreover, the paper considers whether the prerequities for an effective inflation targeting strategy are present in developing countries. After discussing the implications of inflation targeting framework for Turkey, this article concludes that it would not be feasible for Turkey to adopt such a framework for monetary policy. turkey msut eliminate the fiscal roots of the inflation process and solve its public debt problem before adopting explicit inflation targeting. İn addition, we examined the predictive content of various economic variables for inflation in order to determine the statistical readiness of Turkey to meet the requirements of inflation targeting. The empirical evidence presented in this paper suggest that the main factor behind the inflationary process is fiscal imbalances and that money supply shocks are not the driving forceof inflation in Turkey.

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Pubmed Style

Alparslan AKCORAOĞLU. INFLATION TARGETING, DEVELOPING COUNTRIES AND PRELIMINIARY CONSİDERATIONS FOR TURKEY. Ekonomik Yaklasim. 2002; 13(45): 33-53. doi:10.5455/ey.10370

Web Style

Alparslan AKCORAOĞLU. INFLATION TARGETING, DEVELOPING COUNTRIES AND PRELIMINIARY CONSİDERATIONS FOR TURKEY. https://www.ekonomikyaklasim.org/?mno=156231 [Access: October 01, 2024]. doi:10.5455/ey.10370

AMA (American Medical Association) Style

Alparslan AKCORAOĞLU. INFLATION TARGETING, DEVELOPING COUNTRIES AND PRELIMINIARY CONSİDERATIONS FOR TURKEY. Ekonomik Yaklasim. 2002; 13(45): 33-53. doi:10.5455/ey.10370


Vancouver/ICMJE Style

Alparslan AKCORAOĞLU. INFLATION TARGETING, DEVELOPING COUNTRIES AND PRELIMINIARY CONSİDERATIONS FOR TURKEY. Ekonomik Yaklasim. (2002), [cited October 01, 2024]; 13(45): 33-53. doi:10.5455/ey.10370


Harvard Style

Alparslan AKCORAOĞLU (2002) INFLATION TARGETING, DEVELOPING COUNTRIES AND PRELIMINIARY CONSİDERATIONS FOR TURKEY. Ekonomik Yaklasim, 13 (45), 33-53. doi:10.5455/ey.10370


Turabian Style

Alparslan AKCORAOĞLU. 2002. INFLATION TARGETING, DEVELOPING COUNTRIES AND PRELIMINIARY CONSİDERATIONS FOR TURKEY. Ekonomik Yaklasim, 13 (45), 33-53. doi:10.5455/ey.10370


Chicago Style

Alparslan AKCORAOĞLU. "INFLATION TARGETING, DEVELOPING COUNTRIES AND PRELIMINIARY CONSİDERATIONS FOR TURKEY." Ekonomik Yaklasim 13 (2002), 33-53. doi:10.5455/ey.10370


MLA (The Modern Language Association) Style

Alparslan AKCORAOĞLU. "INFLATION TARGETING, DEVELOPING COUNTRIES AND PRELIMINIARY CONSİDERATIONS FOR TURKEY." Ekonomik Yaklasim 13.45 (2002), 33-53. Print. doi:10.5455/ey.10370


APA (American Psychological Association) Style

Alparslan AKCORAOĞLU (2002) INFLATION TARGETING, DEVELOPING COUNTRIES AND PRELIMINIARY CONSİDERATIONS FOR TURKEY. Ekonomik Yaklasim, 13 (45), 33-53. doi:10.5455/ey.10370




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