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democracy and military expenditures. Our results yield two crucial facts. First, social democratic political regimes have a … tendency to spend less on armaments as a share of the national income; compared to social democracy all other political regimes … democracy and military burden. Second, the analysis shows that higher income inequality, regardless of the model specification …
Persistent link: https://www.econbiz.de/10010679315
individuals and the prevailing unemployment rate in the country impact perceptions of the effectiveness of democracy. We find that … personal joblessness experience translates into negative opinions about the effectiveness of democracy, and it increases the … year is the main source of the impact. Joblessness-related negative attitude towards the effectiveness of democracy is not …
Persistent link: https://www.econbiz.de/10008522627
This study examines the effects of fragmented governments and fiscal authorities on budget deficits in Turkey along … authorities in Turkey. The analysis has important policy implications for Turkey and other developing countries from the viewpoint …
Persistent link: https://www.econbiz.de/10009003767
This study exposes a comparative treatment of the private returns to education in Palestine and Turkey over the period … different sectors of employment. The results suggest that returns to schooling are higher for Turkey at the various levels of … than 2004 levels for all levels of education; the pattern is less obvious for Turkey across the various levels. However …
Persistent link: https://www.econbiz.de/10009220537
This paper develops a set of leading indicators of industrial production growth and consumer price inflation for the period 2001-2010. The choice of indicators is based on pseudo out-of-sample forecasting exercise implemented by Stock and Watson (2003), amongst others. We find that asset prices...
Persistent link: https://www.econbiz.de/10009368409
This paper investigates the effectiveness of private tutoring in Turkey. The authors introduce their study by providing …
Persistent link: https://www.econbiz.de/10010800901
The two major earthquakes which struck northwestern Turkey in 1999,caused enormous amounts of death and destruction …
Persistent link: https://www.econbiz.de/10010693424
This paper aims to provide the recent developments on the supplementary education system in Turkey. The national …). Further, we aim to understand the distribution of the SECs and of the secondary schools across the provinces of Turkey in …
Persistent link: https://www.econbiz.de/10010696216
mobility together for a developing country Turkey which is one of the countries having most unequal income distributions. The …
Persistent link: https://www.econbiz.de/10010859358
Many central banks in emerging economies have used reserve requirements (RR) to alleviate the trade-off between financial stability and price stability in recent years. Notwithstanding their widespread use, transmission channels of RR have remained largely as a black-box. In this paper, we use...
Persistent link: https://www.econbiz.de/10010859368