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

Table 9

Bai-Perron structural break test of the variance break for inflation series.

Break test	-statistics	Scaled -statistics	Critical value**
0 versus 1*	11.82528	11.82528	8.58
1 versus 2	1.859458	1.859458	10.13
Number of breaks	Break dates
1	2001:M06

Significant at the 0.05 level.
Bai-Perron [67] critical values.