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The paper evaluates the present and future international currency status of the US dollar, the euro and the yen. In section two the functions, benefits, and costs of a leading international currency are discussed. In section three key determinants for the continuous dominance of the US dollar...
Persistent link: https://www.econbiz.de/10013136590
The demand for cash balances of financial intermediaries that establish contractual liabilities with credit-sensitive customers is characterized. As stated by Merton, the success of the business activities of such firms crucially depends on their credit quality, and hence, they are obliged to...
Persistent link: https://www.econbiz.de/10013160192
This paper is the first attempt to investigate the causal relationship between military spending, terrorist attacks and intensity of terrorism in Pakistan, by applying ARDL approach to cointegration and Innovation Accounting approach for causality analysis. The results indicate that war on...
Persistent link: https://www.econbiz.de/10009403453
In order to test the existence of Thirlwall’s law for Turkey during the period of 1980-2008, bounds test approach to … cointegration is applied. The empirical results suggest that Thirlwall’s law holds for Turkey. This study also suggests some policy …
Persistent link: https://www.econbiz.de/10011259089
emerging market economy, Turkey. We study both statistical and economic significance of four types of leverage factors: Firm …
Persistent link: https://www.econbiz.de/10011259490
developed as an alternative and/or as a complement to the public systems. In Turkey, the Private Pension System was given a head …
Persistent link: https://www.econbiz.de/10011259617
data from İzmir, third largest city in Turkey. The determinants of job-to-job and job-to-non-employment transitions are …
Persistent link: https://www.econbiz.de/10011259633
population, and similarity to Turkey; trade opportunities and preferential trade agreements; together with labour costs and …, location choice, Turkey …
Persistent link: https://www.econbiz.de/10011259688
past experiences will shed light on new efforts on establishing regional innovation systems. In Turkey, efforts of building …
Persistent link: https://www.econbiz.de/10011259921
TTIP on Turkey by differentiating according to Turkey’s inclusion in and exclusion from the TTIP. By using Global Trade … framework of four-regional-consolidation, the EU, the U.S., Turkey and rest of the world. Obtained results show that Turkey … could be in a gain of 35 billion USD if Turkey is included in TTIP compared to if she is excluded from the TTIP. Moreover …
Persistent link: https://www.econbiz.de/10011259956