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Author/Editor:
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Rossi, Marco ; Rebucci, Alessandro
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Publication Date:
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November 01, 2004
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Electronic Access:
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Free Full text
(PDF file size is 320KB).
Use the free
Adobe Acrobat Reader
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.
The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
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Summary:
This paper presents an empirical measure of disinflation credibility and discusses its evolution in Turkey since the 2001 crisis. The results indicate that credibility has improved markedly over this period, boding well for the future of disinflation in Turkey.
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Series:
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Working Paper No. 04/208
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Subject(s):
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Disinflation | Turkey | Emerging markets
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Author's Keyword(s):
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Bayesian Learning | Credibility | Disinflation | Mixing Estimation | Turkey |
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