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financial crises in Russia and Turkey. The paper shows that the traditional models are still relevant, but to some extent they …
Persistent link: https://www.econbiz.de/10005556609
We analyse co-movements in the fragility of EU banks and verify to which extent such co-movements have increased in time, following, for example, the completion of Monetary Union and the introduction of the euro. To this end, we provide a measure of co-movements in bank risk by means of a...
Persistent link: https://www.econbiz.de/10005561701
This paper explores theoretically and empirically the link between Financial Liberalization (FL) and the banking crisis that often follow. We also investigate the proposition, classical in development economics, that FL should result in an increase in supply of funds to the real sector. To...
Persistent link: https://www.econbiz.de/10005561748
In this paper we attempt to identify the characteristics of banks that are most likely to be at the origin of a banking crisis following a financial liberalization (FL) process. We do this analysis in response to the observed fact that FL processes arse often followed by banking crisis that cost...
Persistent link: https://www.econbiz.de/10005134840
Auctions play an important role in economics. In their most basic form, they are one of the ways in which various commodities, financial assets and concession rights are allocated to individuals and firms, particularly in a market-oriented setting. An auction is a market institution with an...
Persistent link: https://www.econbiz.de/10005550944
This study provides empirical estimates for new residential homes demand function in Turkey using the time series data … for the period 1964-2004. An aggregate demand function for new private dwellings in Turkey is formed and is estimated … for new housing in Turkey and there exists a relatively stable new housing demand function. …
Persistent link: https://www.econbiz.de/10005556214
This paper empirically analyses the stability of the narrow money demand function (M1) in Turkey for the period 1950 …-2002. As part of the IMF-sponsored stabilisation programme, Turkey has been pursuing base money targets. To ascertain whether … target of monetary policy in Turkey. …
Persistent link: https://www.econbiz.de/10005561131
This study brifly looks into the process of Turkey into the world economy and concludes that this process has been …
Persistent link: https://www.econbiz.de/10005124899
This is the first study evaluating publication performances of economists and economics departments in Turkey. Findings …
Persistent link: https://www.econbiz.de/10005124928
This paper investigates the effects of exchange rate fluctuations on Turkish manufacturing employment and wages using data for a panel of manufacturing industries over the period 1981-1999. The net effect of depreciations are found to be negative for both employment and wages, though the effects...
Persistent link: https://www.econbiz.de/10005125502