Showing 1 - 10 of 52
This study analyzes core inflation concept for Turkey from the perspective of design and evaluation. To our best … knowledge, this is the first study to evaluate the performance of the core inflation measures for Turkey. We first define and …. Considering the significant shift in the inflation process in Turkey, we split the sample into two as pre- and post-2003 when …
Persistent link: https://www.econbiz.de/10005504815
The objective of this study is to analyse the response capacity of Turkish manufacturing industry to growing international competition from low-wage countries and to real exchange rate fluctuations. To analyse these competitive pressures and the responses of enterprises, developments in profit...
Persistent link: https://www.econbiz.de/10005504824
specialisation patterns to Turkey’s, and from strong trend real currency appreciation that Turkey has experienced during this period …
Persistent link: https://www.econbiz.de/10005792696
As an emerging economy, Turkey is an interesting case study because it was one of the hardest hit countries by the … fallout from the crisis, the Central Bank of the Republic of Turkey (CBRT) decreased policy rates by an astounding 1025 basis …
Persistent link: https://www.econbiz.de/10009209841
In the first quarter of 2008, along with the beginning of the crisis, the employment share of agriculture in Turkey … productivity growth is needed as it is at the heart of the secular changes in employment shares in Turkey. …
Persistent link: https://www.econbiz.de/10009019462
This study examines whether bank shareholders bear the burden of required reserves tax by analyzing the reaction of banks’ stock returns to the changes in the required reserve ratio. Results show that increases in reserve requirements significantly lower bank returns implying that shareholders...
Persistent link: https://www.econbiz.de/10009325871
Turkey has the lowest hours worked (the product of total employment and annual hours per worker, divided by the size of … growth model accounts for the decline in total hours worked during 1998-2009 in Turkey. Hours worked increased in Turkey …-varying taxes on consumption and labor play significant roles in explaining the hours worked in Turkey. The subsistence term is …
Persistent link: https://www.econbiz.de/10010941436
When examined in isolation, the 2002-2007 period in Turkey stands out as a high growth period. However, the relative … performance of Turkey in this period is weaker compared to China. The service sector in Turkey had the lowest labor productivity … aggregate productivity in Turkey. Using a newly constructed detailed sectoral database for China, I argue that if the service …
Persistent link: https://www.econbiz.de/10010941438
, Turkey. The trade-off theory provides a better description of the capital structures of all firm types than the pecking order …
Persistent link: https://www.econbiz.de/10010941442
We provide Bayesian estimates of an empirical model of consumer price inflation for Turkey based on the hybrid New …
Persistent link: https://www.econbiz.de/10010941446