Enflasyon Belirsizligi ve Beklentilerdeki Uyusmazlik
Abstract[TR] Bu notta TCMB Beklenti Anketi verileri kullanilarak Turkiye icin bir enflasyon belirsizligi olcutu olusturulmaya calisilmis ve anket katilimcilari arasindaki uyusmazligin olusturulan bu olcut icin bir gosterge olarak kullanilip kullanilamayacagi arastirilmistir. Bulgular, 2006 oncesi donem icin uyusmazligin enflasyon belirsizligi gostergesi olarak kullanilabilecegine isaret ederken, enflasyon hedeflemesi rejimiyle beraber bu iliskinin kayboldugunu ortaya koymaktadir. [EN] This note introduces a measure for inflation uncertainty in Turkey by using the CBRT Survey of Expectations and investigates whether the disagreement among the survey participants can be used as a proxy for inflation uncertainty. Results reveal the importance of time period analyzed. In particular, disagreement seems to be a good proxy for inflation uncertainty 2001-2006 period while this relationship vanishes with the inflation targeting regime after 2006.
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Bibliographic InfoPaper provided by Research and Monetary Policy Department, Central Bank of the Republic of Turkey in its series CBT Research Notes in Economics with number 1104.
Date of creation: 2011
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-05-14 (All new papers)
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- Victor Zarnowitz & Louis A. Lambros, 1987. "Consensus and Uncertainty in Economic Prediction," NBER Working Papers 1171, National Bureau of Economic Research, Inc.
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