This dissertation examines the behavior of the exchange rate under two different scenarios. The first one is characterized by, relatively, low inflation or a situation where prices adjust sluggishly. The second is a high inflation economy where prices respond very rapidly even to unanticipated...

Ekonomi yöneticilerinin çeşitli zamanlarda telaffuz ettikleri “bankacılık sektörü toplam aktifl erinin 2007 yılına kadar USD 500 milyara ulaşacağı” savı irdelenmiştir. Oluşturulan senaryo ışığında banka aktifl erinin 2007 yılında ancak USD 278 milyara yükseldiği...

This dissertation examines whether-there exists financial constraints and, if so, their implications for investment in research and development expenditures. It develops a theoretical model of credit rationing and research and development in which both are determined simultaneously and...

The main objectives of this paper are to (a) explain the extent of vertical and horizontal intra-industry trade in the United State’s foreign trade with the North American Free Trade Area (NAFTA), and (b) identify the industry-specific determinants of vertical and horizontal intra-industry...

Desde la década de 1980, India inició un periodo de crecimiento acelerado, a través de unas políticas dirigidas a la promoción de la iniciativa privada y con una marcada orientación a la economía de mercado. Este rápido crecimiento, iniciado en los ochenta, viene asociado con la...