IDEAS home Printed from https://ideas.repec.org/a/eyd/eyjrnl/v8y1997i27p259-282.html
   My bibliography  Save this article

Phillips Eğrisi Üzerine Lucas Değişkenlik Hipotezi

Author

Listed:
  • Rahmi YAMAK

    (Karadeniz Technical University)

  • Yakup KÜÇÜKKALE

    (Karadeniz Technical University)

Abstract

No abstract is available for this item.

Suggested Citation

  • Rahmi YAMAK & Yakup KÜÇÜKKALE, 1997. "Phillips Eğrisi Üzerine Lucas Değişkenlik Hipotezi," Ekonomik Yaklasim, Ekonomik Yaklasim Association, vol. 8(27), pages 259-282.
    • Handle: RePEc:eyd:eyjrnl:v:8:y:1997:i:27:p:259-282
    DOI: 10.5455/ey.10276
    Note: [English Title] THE LUCAS VARIABILITY HYPOTHESIS ON THE PHILLIPS CURVE [English Abstract] The purpose of this study is to review the empirical literature on the Lucas variability hypothesis. The Lucas variability hypothesis states that the reaction of real output to changes in aggregate demand depends negatively on the variance of the changes of aggregate demand. In the literature there are many applications of the Lucas hypothesis in different respects. We divided empirical studies into three groups with regard to type of data used in econometric analysis; cross-sectional intertemporal and cross-industries studies. The evidences provided by the existing studies are not clear to make conclusion about empirical validity of the hypothesis. We can only conclude that the validity of the hypothesis depends on the econometric methodology, frequency of data, time period, size of the sample used in empirical studies. [English Keywords] Not available
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.5455/ey.10276
    Download Restriction: No restriction for articles.
    File URL: https://libkey.io/10.5455/ey.10276?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eyd:eyjrnl:v:8:y:1997:i:27:p:259-282. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ozan Eruygur (email available below). General contact details of provider: http://www.ekonomikyaklasim.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.