Research Article

Modelling Inflation Uncertainty with Structural Breaks Case of Turkey (1994–2013)

Table 1

Descriptive statistics of general index inflation series (1994:01–2013:12).

Mean0.023991Kurtosis13.80699
Median0.017121Jarque-Bera1346.908 (0.0000)
Maximum0.210129LB Q(6)483.38 (0.0000)
Minimum−0.014411LB Q(12)898.78 (0.0000)
Standard deviation 0.025391LB Q(24)1628 (0.0000)
Variance0.00065LB Q(36)2134.3 (0.0000)
Skewness2.148445Number of Observations239

Values between brackets are values indicating significance level.