The Relationship Between Inflation And Economic Growth: Evidence From Turkey

Table of Contents Preface . III Abstract V Table of Figures . IX 1. Introduction . 1 2. Inflation 3 2.1 Types of Inflation 4 2.2 Effects of Inflation . 6 3. Economic Growth 9 4. The Relationship between Inflation and Economic Growth . 11 4.1 Research Concluding Inflation Positively Affects Economic Growth . 11 4.2 Research Concluding Inflation Negatively Affects Economic Growth . 13 4.3 The Relationship between Inflation and Growth within the Framework of Threshold Value . 19 4.4 The Relationship between Inflation and Growth in Turkey 25 5. Historical Evolution of the Relationship between Inflation and Economic Growth in Turkey . 29 5.1 Between 1980-1993 . 29 5.2 Between 1994-2001 . 31 5.3 Between 2002-2014 . 33 6. Methodology . 37 6.1 Data Description 37 6.2 Descriptive Statistics . 37 7. Empirical Results 41 8. Conclusion 47 9. References 49