Related papers: Turkish Inflation, Private Debt & how to overcome …
Inflation is painful, for firms, customers, employees, and society. But careful study of periods of hyperinflation point to ways that firms can adapt. In particular, companies need to think about how to change prices regularly and cheaply,…
In the recent times of global Covid pandemic, the Federal Reserve has raised the concerns of upsurges in prices. Given the complexity of interaction between inflation and inequality, we examine whether the impact of inflation on inequality…
This paper investigates the relationships between economic growth, investment in human capital and income equality in Turkey. The conclusion drawn based on the data from the OECD and the World Bank suggests that economic growth can improve…
The subject of this study is inflation, a problem that has plagued America and the world over the last several decades. Despite a rich trove of scholarly studies and a wide range of tools developed to deal with inflation, we are nowhere…
We show that it is extremely difficult and perhaps even impossible to have inflation supported by thermal effects.
The basic workings of inflationary models are summarized, along with the arguments that strongly suggest that our universe is the product of inflation. The mechanisms that lead to eternal inflation in both new and chaotic models are…
This study analyzes the impacts of exchange rate and inflation on exports in Turkiye. Annual data for the period 1995-2023 were used in the analysis. The Johansen cointegration analysis and Dynamic Least Squares (DOLS) method were employed…
This article contains a concise review of the theory of inflation. We discuss its main theoretical aspects as well as its observational predictions. We also explain how the most recent astrophysical observations constrain the inflationary…
This research presented an empirical investigation of the determinants of the net interest margin in Turkish Banking sector with a particular emphasis on the bank ownership structure. This study employed a unique bank-level dataset covering…
Inflation is known to be generically eternal to the future: the false vacuum is thermalized in some regions of space, while inflation continues in other regions. Here, we address the question of whether inflation can also be eternal to the…
We discuss an inflationary scenario based on Lovelock terms. These higher order curvature terms can lead to inflation when there are more than three spatial dimensions. Inflation will end if the extra dimensions are stabilised, so that at…
Taking field theory seriously, inflation model-building is difficult but not impossible. The observed value of the spectral index of the adiabatic density perturbation is starting to discriminate between models, and may well pick out a…
We consider models of inflection point inflation. The main drawback of such models is that they suffer from the overshoot problem. Namely the initial condition should be fine tuned to be near the inflection point for the universe to…
We empirically investigate the distributional effects of inflation on workers' unemployment tail risks using instrumental variable quantile regression. We find that supply-driven inflation disproportionately raises unemployment tail risks…
An epoch of accelerated expansion, or inflation, in the early universe solves several cosmological problems. While there are many models of inflation only recently has it become possible to discriminate between some of the models using…
This article presents evidence based on a panel of 35 countries over the past 30 years that the Phillips curve relation holds for food inflation. That is, broader economic overheating does push up the food component of the CPI in a…
I summarize the arguments that strongly suggest that our universe is the product of inflation. The mechanisms that lead to eternal inflation in both new and chaotic models are described. Although the infinity of pocket universes produced by…
Inflation can occur in the cores of topological defects, where the scalar field is forced to stay near the maximum of its potential. This topological inflation does not require fine-tuning of the initial conditions.
The basic workings of inflationary models are summarized, along with the arguments that strongly suggest that our universe is the product of inflation. I describe the quantum origin of density perturbations, giving a heuristic derivation of…
Discovered almost forty years ago, inflation has become the leading paradigm for the early universe. Originally invented to avoid the fine-tuning puzzles of the standard model of cosmology, the so-called hot Big Bang phase, inflation has…