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

Table 10

Descriptive statistics of the variance break periods for inflation series.

Break	Mean	St. dev.	Variance	Minimum	Median	Maximum	Skewness	Kurtosis	Obs.
Before 2001:M05	1.38	2.54	0.0006452	0.000201	0.567	17.91	4.282011	25.0820	83
After 2001:M06	0.413	0.588	0.0000346	0.0000651	0.217	4.19	3.101509	15.91156	151

Note: The values except skewness and kurtosis are multiplied by 10000 as they are too small.