The Relationship between Inflation and the Budget Deficit in Turkey
用多元协整分析研究土耳其通胀与预算赤字的关系，发现赤字规模显著影响通胀，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.