Showing 1 - 10 of 21
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
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
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
Turkey successfully increased its share in the world exports in the last decades. We examine the role of extensive … comparison with some other countries. Our results suggest that, Turkey was quite successful in extending its export products and … markets compared to other developing countries. The success of Turkey in extensive margin mostly comes from entering new …
Persistent link: https://www.econbiz.de/10010941452
-through asymmetry in the fuel oil market in Turkey. With our approach it is possible to analyze asymmetry at various other grounds …
Persistent link: https://www.econbiz.de/10010941459
Many central banks in emerging economies have used reserve requirements (RR) to alleviate the trade-off between financial stability and price stability in recent years. Notwithstanding their widespread use, transmission channels of RR have remained largely as a black-box. In this paper, we use...
Persistent link: https://www.econbiz.de/10010941502