In this study, we examine if there is a linkage between the budget deficit (BD) and current account deficit (CAP). Traditional theory asserts that the BD leads to CAD, given that government expenditures are fixed. As disposable income increases due to BD (i.e., due to tax-cuts given that there...

Bu calismada, Turkiye Cumhuriyet Merkez Bankasi tarafindan 2005 yili Mayis-Temmuz aylari arasinda ozel imalat sanayinde yer alan 999 firmaya uygulanan ve firmalarin fiyatlama politikalarinin incelendigi “Firmalarin Fiyatlama Davranisi Anketi” projesinin sonuclari degerlendirilmektedir. Elde...

Abstract One of the impacts of financial liberalisation/deregulation to the risk management and regulation mechanisms is self regulation. In the context of self regulation, it is expected that financial intermediaries may internally develop risk management rules, define capital level based on...