This study investigates the empirical relationships between macroeconomic instability, capital accumulation and growth in Turkey over the period 1963-1999. We use recent time series econometric techniques, such as cointegration and impulse response analysis, to analyze empirical relationships...

Our purpose in this paper is to establish stylized facts of the Turkish macroeconomic adjustments using data from 1969 to date. We adopt a traditional a-priori definition of business cycles as cyclical co-movements of economic variables such as public, private and construction investments, trade...

Happiness and life satisfaction are two empirically correlated but conceptually different determinants of quality of life. It has been theorized that happiness is an affective construct, whereas life satisfaction is a cognitive one. According to the recent literature, substantial levels of...