Karadas, Ercan; Ogunc, Fethi - In: Central Bank Review 3 (2003) 2, pp. 57-83
, private sector capacity utilization rate, stock evaluations of the last three months and average cost expectations of the next … of rationality, efficiency and orthogonality tests are carried out. As a result of these tests, rationality assumption … cannot be rejected very powerfully. However, this is not stemmed from the accuracy of the expectations, but from the …