THE EFFECT OF INFLATION TARGETING REGIME ON GOVERNMENT CURRENT (CONSUMPTION) EXPENDITURES AND OUTPUT GAP IN TURKEY

Özge UYSAL ŞAHİN ()
Additional contact information
Özge UYSAL ŞAHİN: Çanakkale Onsekiz Mart Üniversitesi/TÜRKİYE

JOURNAL OF LIFE ECONOMICS, 2014, vol. 1, issue 2, 115-124

Abstract: Inflation targeting regime is a modern monetary policy strategy, which is applied to maintain and sustain price stability. Inflation targeting regime doesn’t only decrease the inflation rate. It affects many variables from interest rates to investments, from public expenditures to production and national income and is also affected from these variables. In this study, it is tried to investigate the inflation targeting effects on government consumption expenditures and output gap by using of Autoregressive Integrated Moving Averag (ARIMA) model. The data set covers the period from January, 1998 to September, 2013. The empirical results of the study show that inflation targeting has positive and significant effect on government consumption expenditures and output gap.

Keywords: Inflation; Targeting; Government; Consumption; Expenditures; Output; Gap; ARIMA; Turkey (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ratingacademy.com.tr/ojs/index.php/jlecon/article/view/24/15 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:jle:journl:v:1:y:2014:i:2:p:115-124

DOI: 10.15637/jlecon.40

Access Statistics for this article

JOURNAL OF LIFE ECONOMICS is currently edited by Ozge Uysal SAHIN

More articles in JOURNAL OF LIFE ECONOMICS from Holistence Publications
Bibliographic data for series maintained by Mehmet ÅžAHÄ°N ().