{
  "title": "Measuring Disinflation Credibility in Emerging Markets: A Bayesian Approach with An Application to Turkey",
  "publication": "IMF Working Papers, November 1, 2004",
  "sourceUrl": "https://www.imf.org/en/publications/wp/issues/2016/12/31/measuring-disinflation-credibility-in-emerging-markets-a-bayesian-approach-with-an-17772",
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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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      "heading": "Overview",
      "content": "- Authors: Alessandro Rebucci, Marco Rossi\n- Date: November 1, 2004\n- Paper type: IMF Working Papers (Working Paper No. 2004/208)\n- Core contribution: Presents an empirical measure of disinflation credibility using a Bayesian approach and discusses its evolution in Turkey since the 2001 crisis.\n- Main summary statement: The results indicate that credibility has improved markedly over this period, boding well for the future of disinflation in Turkey."
    },
    {
      "heading": "Key findings",
      "content": "- Credibility has improved markedly in Turkey since the 2001 crisis.\n- Improved credibility bodes well for the future of disinflation in Turkey."
    },
    {
      "heading": "Methodological approach",
      "content": "- Uses a Bayesian approach to construct an empirical measure of disinflation credibility.\n- Keywords indicating technical methods and focus: Bayesian Learning, Mixing Estimation, program coefficient."
    },
    {
      "heading": "Application to Turkey",
      "content": "- Focuses on the evolution of disinflation credibility in Turkey since the 2001 crisis.\n- Concludes markedly improved credibility over the analyzed period, with positive implications for sustaining disinflation.\n\n---\n\n Content in this bundle\n\n- wp04208\n  - wp04208 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - wp04208 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/wp/issues/2016/12/31/measuring-disinflation-credibility-in-emerging-markets-a-bayesian-approach-with-an-17772"
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    "Authors: Alessandro Rebucci, Marco Rossi",
    "Published: November 1, 2004",
    "Series: IMF Working Papers",
    "DOI: https://doi.org/10.5089/9781451874730.001",
    "Authors: Alessandro Rebucci, Marco Rossi",
    "Date: November 1, 2004",
    "Paper type: IMF Working Papers (Working Paper No. 2004/208)",
    "Core contribution: Presents an empirical measure of disinflation credibility using a Bayesian approach and discusses its evolution in Turkey since the 2001 crisis.",
    "Main summary statement: The results indicate that credibility has improved markedly over this period, boding well for the future of disinflation in Turkey.",
    "Credibility has improved markedly in Turkey since the 2001 crisis.",
    "Improved credibility bodes well for the future of disinflation in Turkey.",
    "Uses a Bayesian approach to construct an empirical measure of disinflation credibility.",
    "Keywords indicating technical methods and focus: Bayesian Learning, Mixing Estimation, program coefficient.",
    "Focuses on the evolution of disinflation credibility in Turkey since the 2001 crisis.",
    "Concludes markedly improved credibility over the analyzed period, with positive implications for sustaining disinflation.",
    "**_wp04208**"
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