The aim of this study is to compare the ex post forecast accuracies of VAR, ARIMA, ES, Combining and Add-factor methods. In this comparison, the ex post forecasts of 2000:1-2000:4 are obtained by using the data of the Turkish private consumption for the period of 1987:1-1999:4. Beside private...

Interest rate is one of the most observed and forecasted variables in financial markets. Interest rates and the volatility of interest rates play a crucial role in pricing financial instruments. In this empirical study, we try to investigate which short term interest rate model is appropriate...

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...

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,...

Parasal iktisat literatüründeki modeller genellikle paranın değerli olduğunu kabul ederek para miktarını ilgi odağına alan modellerdir. Yeni Parasalcı İktisat akımının görüşüne göre ise parasal teori ve politika analizinde gelişme sağlanabilmesi için karşılıksız paraya...

This paper analyzes the current state of research in macroeconomics in the light of first year macroeconomics courses offered in the 16 leading Ph.D programs. Our investigation confirms that methodological and ideological differences of 1970’s and 80’s are about to disappear as...

In this article, the implications of the theory of ignorance developed by Hayek to economic theory and policy will be examined. The theory of ignorance appeared especially in the second period of Hayek’s career and has been applied to the field of economics, politics, and law. Accordingly,...

Turkish Abstract: Post Keynesyen İktisat Okulu, Cambridge ekolüne dayanan ve Keynesyen Doktrin'in ana savlarını makroekonomik reel problemler ölçüsünde yorumlamak amacı taşıyan Heterodoks bir iktisat okuludur. Epistemolojik ve ontolojik açıdan Neo Klasik iktisat okulu...