Showing 1 - 10 of 91
. Complete financial openness is not the best policy. A second lesson is that Turkey's prevailing growth strategy does not … resuscitate a model that fails to make adequate use of domestic resources. Most importantly, Turkey has to learn to live with …
Persistent link: https://www.econbiz.de/10003935388
developmental role. The paper recommends that Turkey follows a similar path by improving state capacity not only with respect to its …
Persistent link: https://www.econbiz.de/10003618368
to assess the fragility of Turkey since the recent crises created a debate on the Turkish economy. We consider more than … real interest rate differential between Turkey and U.S. ranked first according to all the criteria under consideration … a crisis seems very low for Turkey in 2013, as none of the indicators give any signal of a crisis. Even though our study …
Persistent link: https://www.econbiz.de/10010207286
The money demand process in Turkey during the period 1987:1-2002:3 can be explained better in the sense of Cagan (1956 … persistently high inflationary process in Turkey. -- Demand for Money ; High Inflation ; Granger Causality ; Exogeneity of Money …
Persistent link: https://www.econbiz.de/10003719081
conducted by the Central Bank of the Republic of Turkey. The results show that under normal conditions, the majority of the …
Persistent link: https://www.econbiz.de/10003719114
This paper investigates how macroeconomic policy shocks in Turkey affect the total unemployment and provides evidence … several other macroeconomic shocks. The quarterly data used which covers the period 1988:01 to 2004:04 from Turkey. A VAR …
Persistent link: https://www.econbiz.de/10003719158
maturity to manage a significant demand shift in the real estate market. We present evidence that Turkey's credit markets are …
Persistent link: https://www.econbiz.de/10003719163
This paper first describes the educational system in Turkey and the two national examinations for advancing upper …
Persistent link: https://www.econbiz.de/10003719171
aims at manifesting the structure of reel wages in Turkey between the periods of 1990:01 - 2007:06 via the nonlinear time …
Persistent link: https://www.econbiz.de/10003753640
This paper studies implications of intermediation costs in credit markets. The presence of intermediation costs increases the amount of risky projects therefore results in financial fragility. Moreover, for an open economy that has a perfectly liberal capital account, prudent firms finance their...
Persistent link: https://www.econbiz.de/10003753647