The high correlation between domestic saving and investment rates in cross country regressions has been interpreted by some authors as evidence that world capital markets are not integrated. Our paper reexamines the long-run saving investment relationship across OECD countries using co...

This paper characterizes business cycle phenomena in a sample of 22 developed and developing economies using a univariate Markov regime switching approach. It examines the efficacy of this approach for detecting business cycle turning points and for identifying distinct economic regimes for each...

Is çevrimlerinin tanim ve özelliklerinin arastirilmasi modern makroekonomi kuraminda önemli bir yer tutmaktadir. Bu çalismamizda Türkiye’de ve yükselen piyasa ekonomilerinde is çevrimlerinin gerek ampirik gerekse teorik yönden ele alip ilk olarak tarih ve süre araliklarinin...