In this study, we examine if there is a linkage between the budget deficit (BD) and current account deficit (CAP). Traditional theory asserts that the BD leads to CAD, given that government expenditures are fixed. As disposable income increases due to BD (i.e., due to tax-cuts given that there...

Many economic studies address the issue of behavior of a single representative agent or a firm. Therefore, it is important to study what happens if we aggregate the agents/firms, do they keep the same behavior patterns? The aim of this study is to construct a macroeconomic model that deals with...

In this paper, Turkish high and persistent inflation experience and its impact on inflation uncertainty and growth have been investigated. GARCH models are used to generate a measure of inflation uncertainty and quarterly data covers the period of 1987:1-2003:3. According to the results from...

In this paper, Turkish high and persistent inflation experience and its impact on inflation uncertainty and growth have been investigated. GARCH models are used to generate a measure of inflation uncertainty and quarterly data covers the period of 1987:1-2003:3. According to the results from...

In this paper, Turkish high and persistent inflation experience and its impact on inflation uncertainty and growth have been investigated. GARCH models are used to generate a measure of inflation uncertainty and quarterly data covers the period of 1987:1-2003:3. According to the results from...

Arabic Abstract: إنّه العام الثًامن للأزمة السورية (الحرب على سورية)، الذي ظهرت فيه بوادر انتهائها وأصبحنا بحاجة ماسة لتطبيق خطة تعافٍ وإنعاش على جميع الأصعدة، ليس فقط كي...