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In this paper, we investigate the responsiveness of financial markets to monetary policy expectations in Turkey. According to the efficient markets hypothesis, financial markets respond to anticipated policy actions prior to a policy announcement. As a result, they are expected to respond only...
Persistent link: https://www.econbiz.de/10010277263
Persistent link: https://www.econbiz.de/10011588266
(This paper is in Turkish) This paper based on three-digit (international standard industrial classification, ISIC-Rev.3) panel data over the 1991-2000 period measures technical efficiency and total factor productivity growth in the public and privately owned manufacturing sub-sectors in Ýzmir...
Persistent link: https://www.econbiz.de/10005730916
In today’s world in which several countries face financial crises, banking industry has become very important for national economies in order to realize optimal resource use. Therefore, banking industry should operate productively and increase its efficiency. In this study, firstly, efficiency...
Persistent link: https://www.econbiz.de/10008831591
Son yıllarda iktisat yazınında disiplinler arası çalışmaların sayısı giderek artmaktadır. Bu ilginin altında, doğrusal ve statik modellere dayanan klasik iktisat teorisinin modellerinin, gerçekte kompleks/karmaşık özellik gösteren yapıları çözümlemede yetersiz kalması...
Persistent link: https://www.econbiz.de/10010320502
repercussion on the whole economy which makes the market structure and competition in banking sector as a cynosure. In fact, in …
Persistent link: https://www.econbiz.de/10008464854