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AN EMPIRICAL ANALYSIS OF TURKISH INFLATION (1988-2004): SOME NON-MONETARIST ESTIMATIONS

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Abstract (2. Language): 
The main purpose in this paper is to investigate the determinants of inflationary process in Turkish economy. For this purpose, based on a some potential consequential reasons, a vast literature is tried to be investigated on Turkish inflation, and a model attempt on inflation phenomenon is estimated. The results obtained support the view of cost-push inflation. Also the factors resulting from public sector pricing behavior and also the price inertia phenomenon are estimated as the other main sources of inflationary process under the estimation period 1988-2004, rather than the demand-pull monetary factors.

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