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Systems Theory of Macroeconomics, Introduction to
Perison, A.G. - EconWPA - 2001
In spite of elaborate descriptive and correlational studies, the most ubiquitous phenomenon in economics, namely inflation, has remained unexplained in terms of its mathematical origins. Keynes had attempted to relate inflation to a mechanism of "sticky wages and prices". Hitherto, such theories...
Persistent link: https://www.econbiz.de/10005412616
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The Statistical Mechanics of Complex Product Development: Empirical and Analytical Results
Braha, Dan; Bar-Yam, Yaneer - EconWPA - 2005
In recent years, understanding the structure and function of complex networks has become the foundation for explaining many different real- world complex biological, technological and informal social phenomena. Techniques from statistical physics have been successfully applied to the analysis of...
Persistent link: https://www.econbiz.de/10005413261
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Centralization and Decentralization of Public Policy in a Complex Framework
Alfano, Maria Rosaria - EconWPA - 2005
The public economic literature of the past century is characterized by a traditional paradigm that ascribes little attention to the spatial dimension. However, contemporary globalization requires that researchers and economists expand their perspectives to consider space conceptualization. What...
Persistent link: https://www.econbiz.de/10005556929
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Correlations in the Bond–Future Market
Cuniberti, Gianaurelio; Raberto, Marco; Scalas, Enrico - EconWPA - 2004
We analyze the time series of overnight returns for the bund and btp futures exchanged at liffe (London). The overnight returns of both assets are mapped onto a one–dimensional symbolic–dynamics random walk: The “bond walk”. During the considered period (October 1991—January 1994) the...
Persistent link: https://www.econbiz.de/10005561683
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ACTIVE AND PASSIVE SEIGNIORAGE REVENUES: THE CASE FOR TURKEY 1970-1997
Halicioglu, Ferda - EconWPA - 2005
This study is concerned with the components of the total seigniorage revenues that have been collected by the Turkish governments during the years 1970-1997. Traditionally, a government can increase the monetary base in order to finance its expenditures partially. This form of monetary finance...
Persistent link: https://www.econbiz.de/10005076728
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EMU, EURO and EU-Membership: An Evaluation from the Turkish Macroeconomic Perspective
Kibritcioglu, Aykut - EconWPA - 2003
Section of Cyprus are preparing their economy for a full-membership to the EU while Turkey, as an associate- member of the … Union since 1963 and as a part of customs union between Turkey and the EU since 1996, seems to be excluded from the next EU … Turkey different than the 11 membership candidate countries and the EU countries in terms of the ten selected macroeconomic …
Persistent link: https://www.econbiz.de/10005076843
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Turkiye'nin dunya ekonomisine entegrasyon sureci ( The integration process of Turkey into the world economy) (IN TURKISH)
HALICIOGLU, Ferda - EconWPA - 2005
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
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PUBLICATION PERFORMANCE OF ECONOMISTS AND ECONOMICS DEPARTMENTS IN TURKEY (1999-2003)
cokgezen, murat - EconWPA - 2005
This is the first study evaluating publication performances of economists and economics departments in Turkey. Findings …
Persistent link: https://www.econbiz.de/10005124928
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Exchange rates and employment in Turkish manufacturing
Filiztekin, Alpay - EconWPA - 2005
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
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Revealing Turkey’s Public Debt Burden: A Transparent Payments Approach
Alioglu, Ertunc; Erbil, Can; Salman, Ferhan - EconWPA - 2004
We postulate a new method of identifying debt which we call Debt Burden (DB). We claim that DB reveals the true debt obligations of the fiscal authority. It is more accurate and transparent. Hence, DB would serve fiscal authority much better in policy making. It is powerful in a sense that it is...
Persistent link: https://www.econbiz.de/10005125920