In this paper, a simultaneous equations model with two equations has been formed by taking general level of prices and domestic public debts endogenous variables. The values of the variables covering 1989(1)-1996(12) period have been utilized.In our model, an increase of one billion Turkish Liras in budget deficit will give a rise of 0.00361 points in prices. Prices lagged one period and two periods increase current prices by 0.864 points and 0.413 points respectively. Domestic public debts and money supply both of which are lagged one period increase prices by 0.0015 and 0.0077 points respectively.Consequently, we can conclude that the one period lagged values of our variables set are more effective on prices.
Diğer ID | JA79PU84SJ |
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Bölüm | Makaleler |
Yazarlar | |
Yayımlanma Tarihi | 1 Aralık 1999 |
Yayımlandığı Sayı | Yıl 1999 Cilt: 1 Sayı: 3 |