The Relationship Between Inflation and the Budget Deficit in Turkey
通过多元协整分析，发现土耳其的预算赤字（按比例缩放）、收入增长和债务货币化显著影响通货膨胀，且模型稳定。
This article analyzes the empirical relationship between inflation and the budget deficit for the Turkish economy by a multivariate cointegration analysis. A single-equation model shows that the scaled budget deficit (as well as income growth and debt monetization) significantly affects inflation in Turkey. The conditional model of inflation is constant, and it encompasses a previously estimated model.