The precautionary saving hypothesis proposes that purchase of private health insurance diminishes household saving, since health insurance coverage decreases the possibility of unexpected out-of-pocket health expenditures. The empirical analysis is realised using the TURKSTAT Household Budget...

I analyse the Household Budget Surveys prepared by the Turkish Statistical Institute (TURKSTAT) to reveal the empirical importance of precautionary saving in Turkey. The most difficult aspect of the empirical analysis is the approximation of labour income risk as a proxy variable for future...

We study the short-run dynamics of Turkish imports between 2003 and 2011 by applying Kalman filter to obtain time-varying parameters for income and exchange rate. In addition to total imports excluding energy, we use data based on broad economic activities in order to allow sectoral...