This study considers the Gini 1 and alternative Gini 2 coefficients for households’ % income shares from 1963 to 2015 in Turkey. Throughout regarding calibrations, one might see that, despite the existence of some deviations from trend and some Gini 1 and Gini 2 coefficients’ differences,...

This study considers the Gini 1 and alternative Gini 2 coefficients for households’ % income shares from 1963 to 2015 in Turkey. Throughout regarding calibrations, one might see that, despite the existence of some deviations from trend and some Gini 1 and Gini 2 coefficients’ differences,...

This study considers the Gini 1 and alternative Gini 2 coefficients for households’ % income shares from 1963 to 2015 in Turkey. Throughout regarding calibrations, one might see that, despite the existence of some deviations from trend and some Gini 1 and Gini 2 coefficients’ differences,...

Purpose of this study is to revise the real effective exchange rates (REER) indexes released by Central Bank of Turkey. Within this framework, number of countries included in computation of new indexes is increased from 19 to 36 and for the country weights; recent trade developments are aimed to...

The literature on the impact of exchange rate volatility on foreign trade is based on two different views. The first view suggests that volatility will reduce foreign trade through real and financial risk factors. The opposite hypothesis is that trade volume and flows will determine exchange...

In this paper we have estimated the monetary reaction function of the Central Bank of Republic of Turkey. The originality of the paper is that we have used smooth transition functions (STR) that allow for proper modelling of nonlinearities and asymmetries in the relationship between variables...

The aim of this study was re-debated in recent years begun to test whether current account deficits are sustainable. Our study has been tested with monthly data 2001:3-2011:4 period, used by Husted (1992) intertemporal model. According to the Johansen co-integration analysis, in Turkey’s...

Economic activities becoming more knowledge oriented. With liberalization of the global trade global competition escalated. In this context global competition acquired a shape among the knowledge goods. Societies which produce and use knowledge goods in their economic activities holding an...

In this empirical paper, the long-run relations between higher education and economic growth in Turkey has been investigated. ARDL bound test which is a long-term co-integration test has been used based on Turkish real gross domestic product and the number of higher education graduates time...