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(mobile telephone services; clothing, footwear and bags; train services; large household appliances; electricity services; and …
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This paper studies the informational content of the slope of the yield curve as a predictor of recessions in the euro area. In particular, the historical predictive power of ten yield spreads, for different segments of the yield curve, is tested using a probit model. The yield spread between the...
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three main changes associated with Turkish membership: (i) accession to the internal European Market; (ii) institutional … result of accession to the internal market and free movement of labour. If Turkey would succeed in reforming its domestic …
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