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Lenders condition future loans on some index of past performance. Typically, banks condition future loans on repayments of earlier obligations whilst international organizations (official lenders) condition future loans on the implementation of some policy action (‘investment’). We build an...
Persistent link: https://www.econbiz.de/10003923918
This paper develops an adaptive learning model under uncertainty that examines evolution of capital account polices over time and across developing regions. In the framework, countries' past experiences and IMF programs influence policymakers' beliefs about the impact of capital account...
Persistent link: https://www.econbiz.de/10010469677
We focus on the role that the transmission of information between a multilateral (the IMF) and a country has for the optimal design of conditional reforms. Our model predicts that when agency problems are especially severe, and/or IMF information is valuable, a centralized control is indeed...
Persistent link: https://www.econbiz.de/10003817754
by using a unique data set from a private university in Turkey. We assembled data set by matching college students …
Persistent link: https://www.econbiz.de/10003759204
In this paper we report evidence on the relationship between trade openness, technology adoption and relative demand for skilled labour in the Turkish manufacturing sector, using firm-level data over the period 1980-2001. In a dynamic panel data setting using a unique database of 17,462 firms,...
Persistent link: https://www.econbiz.de/10003793284
The emigration of skilled individuals from Turkey attracted greater media attention and the interest of policymakers in … Turkey, particularly after the experience of recurrent economic crises that have led to an increase in unemployment among the … in the decision to return to Turkey or stay overseas. It is also found that the compulsory service requirement attached …
Persistent link: https://www.econbiz.de/10003467012
language instruction. The recent economic crises in Turkey have negatively affected return intentions. We verify that return … abroad for shorter periods and improving academic facilities in Turkey's newly established universities. The government may …
Persistent link: https://www.econbiz.de/10003451837
-section data pertaining to this election is utilized to study the voter behavior in Turkey. Turkish voters are found to take …
Persistent link: https://www.econbiz.de/10003609946
duration aspect of unemployment in a developing country, Turkey. We analyze the determinants of the probability of leaving … nature of unemployment in Turkey exhibits similarities to the unemployment in both the developed and the developing countries …. -- Unemployment duration ; hazard analysis ; gender ; Turkey …
Persistent link: https://www.econbiz.de/10003944756
underemployed are more likely to participate in the labor force and work more hours using yearly cross-sectional data from Turkey … their region increases. -- female labor force participation ; added worker effect ; Turkey …
Persistent link: https://www.econbiz.de/10009548070