Rahmi Yamak

[ 1 ] - Cross-Sectional Relative Price Variability and Inflation in Turkey: Time Varying Estimation

Abstract This study investigates the empirical validity of the variability hypothesis in Turkey for the period of February 2005-November 2015, by using cross-sectional relative price data and by focusing on the assumptions of linearity and stability. The linearity assumption between the two variables is ensured by estimating quadratic regression equation. The assumption of stability is secur...