2013
DOI: 10.4236/me.2013.49067
|View full text |Cite
|
Sign up to set email alerts
|

Estimating the New Keynesian Phillips Curve by Quantile Regression Method for Turkey

Abstract: New Keynesian Phillips Curve based on nominal rigidities and rational expectations is a widely used structural model of inflation dynamics in the analysis of monetary policy. It postulates that current inflation is determined by expected inflation and by the real marginal costs. This study uses the Quantile Regression Method (QRM) to present the New Keynesian Phillips Curve (NKPC) estimation for Turkey instead of Generalized Method of Momentum (GMM). This method identifies differences in response of the inflat… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...

Citation Types

0
0
0

Year Published

2015
2015
2024
2024

Publication Types

Select...
1
1

Relationship

0
2

Authors

Journals

citations
Cited by 2 publications
references
References 32 publications
0
0
0
Order By: Relevance