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Record W3144057156

NAIRU Estimation for the Turkish Economy

2012· article· en· W3144057156 on OpenAlexaboutno aff
zlem Yt, Atilla Gke

Bibliographic record

VenueEkonomik Yaklasim · 2012
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicMonetary Policy and Economic Impact
Canadian institutionsnot available
Fundersnot available
KeywordsNAIRUEconomicsInflation (cosmology)Quarter (Canadian coin)UnemploymentInflation rateEconometricsCointegrationPhillips curveMacroeconomicsInterest rateGeography
DOInot available

Abstract

fetched live from OpenAlex

The purpose of this paper is to estimate NAIRU for the Turkish economy using the structural VAR method. NAIRU is defined as the part of the measured unemployment rate unrelated with inflation in the long run. The estimates are obtained by applying the bivariate VAR model to quarterly data on unemployment rate and the consumer price index for the period from 1989:01 to 2011:01. In this study, NAIRU shocks and inflation shocks are defined as two types of structural shocks and the shocks are separated from each other by their effects on inflation. According to the findings of the study, NAIRU is observed to be gradually rising in parallel to the economic and social transformation in Turkey between 1989 and 2011. In addition, NAIRU is observed as more volatile during economic crisis experienced in the period 1989-2001 compared to that of the period 2002-2008 in which the more stable growth rates were observed. NAIRU is estimated at an average of 8.4% between the years 1989 and 2001 and at an average of 9.6% from 2002 until the second quarter of 2008. NAIRU is estimated at the average 12.50% after the third quarter of 2008. An estimated rate for the first quarter of 2011 is 10.75%.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesInsufficient payload (model declined to judge)
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Not applicable · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.701
Threshold uncertainty score0.998

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.001
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0010.002

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.098
GPT teacher head0.244
Teacher spread0.146 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

Study designNot applicable
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2012
Admission routes1
Has abstractyes

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