This study aims to determine whether the traditional or portfolio approach is relevant for developing countries, by using the relationship between stock prices and exchange rates. For this purpose, cointegration (Pesaran et al., 2001) and causality tests (Toda Yamamoto, 1995) are used to examine...

Bu çalismanin amaci, neoliberal küresellesme süreci içinde kalkinma açisindan ortaya çikan firsat ve engelleri tartismak, bu süreçle kalkinma arasindaki iliskiyi bütüncül olma kaygisi tasimadan ana hatlariyla sorgulamaktir. Neoliberal iktisat politikalari küresellesme sürecini...

Turkish Abstract: Bu calisma uzun zaman once yazilmis olmasina ragmen bugun dahi onemini korumaktadir. Her seyden once geleneksel olmayan bir ulke finansmanini konu almaktadir. 1959 yilindan basliyarak OECD, bugunku ulke politikalarina yon vermek kaydiyla calisan IMF gibi kuruluslardan biri...

The present paper examines the effects of the Customs Union (CU) and Free Trade Agreements (FTAs) on Turkey's extensive and intensive margins. For this purpose, using highly disaggregated product-level data at the six-digit product level of Harmonized System, we first decompose Turkey's export...

The present paper examines the effects of the Customs Union (CU) and Free Trade Agreements (FTAs) on Turkey's extensive and intensive margins. For this purpose, using highly disaggregated product-level data at the six-digit product level of Harmonized System, we first decompose Turkey's export...

English Abstract: Concentrating with generally accepted globalization in the latest eras with annualing the controls on capital movements, liberalization of the financial markets eased the liquization (movement) of the capital. As this way, it gave rise to becoming near with the national...

Türkiye'de son birkaç yıldır en çok tartışılan konulardan biri faiz oranı ile döviz kuru arasındaki ilişkidir. Bazı iktisatçılar döviz kurlarının uzun süredir yerinde saymasının nedenini faiz oranlarının yüksekliğine bağlamakta ve Merkez Bankası'nın kısa vadeli faiz...

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...