Would "Cold Turkey" Work in Turkey?

Would "Cold Turkey" Work in Turkey?
Persistently high inflation rates have led many to believe that inflation in Turkey has become "inertial," posing an obstacle to disinflation. We assess the empirical validity of this argument. We find that the current degree of inflation persistence in Turkey is lower than in Brazil and Uruguay prior to their successful stabilization programs.... READ MORE...

Publication date: March 2003
ISBN 9781451846867
$15.00

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