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market imperfections. This paper presents micro evidence on the credit market imperfections in Turkey and connects these … imperfections to macro movements. First part of the paper documents the aggregate boom-bust cycles in Turkey and shows that non …
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We pursue a two-fold objective in this paper. First, we try to describe comprehensively the behaviour of sectoral growth cycles in Turkish manufacturing by using several statistical measures and to analyse the co-movement between them via correlation and peak-through analysis. One of the...
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