This paper examines effects of corporate diversification on firm value using methodology of Berger and Ofek (1995) excess value measures based on assets and sales multiples. We match diversified firms and single-segment firms traded in National Market of ISE during the period of 2005-2010 in...

This study presents an empirical analysis of purchasing power parity for 10emerging market economies, namely Brazil, India, Indonesia, South Korea, Mexico, Pakistan, Peru, Philippines, South Africa and Turkey. This is done by using cointegration technique. Time series properties of nominal...

Purchasing power parity states that changes in the nominal exchange rates should reflect the inflation differences. This indicates that if nominal exchange rate changes reflect home and foreign inflation differences, then real exchange rate should remain unchanged. Recent time series...

Bu çalışmanın amacı, Türkiye’nin Almanya ekonomisi ile olan ihracat ve ithalat talep fonksiyonlarını tahmin etmektir. Bu fonksiyonlarının tahmin edilmesi sürecinde Gümrük Birliği sonrası dönem ayrıca analiz edilmiştir. Birim kök test sonuçları tüm değişkenlerin seviyede...