Current account deficit has been a popular research topic among Turkish economists. The study investigates the relation between current account deficit of Turkey and house prices in the country. This paper uses the classical linear regression model and this is run for three times. The results of...

Erceg et al. (J Monet Econ 46:281313, 2000) introduce sticky wages in a New-Keynesian general-equilibrium model. Alternatively, it is shown here how wage stickiness may bring unemployment fluctuations into a New-Keynesian model. Using a Bayesian econometric approach, bothmodels are estimated...

Banking is the core of the financial system which has important role in attracting deposits to provide credits to borrowers, services to customers and booting the economic development. This paper applied a modified DEA window analysis to analyze the performance changes through time of the...

This research employs the Data Envelopment Analysis (DEA) and Malmquist index approaches to evaluate the efficiency and Total Factor Productivity (TFP) changes of Thai banking system in the period of 2007-2010 using panel data of 27 major banks in Thailand. This paper shows that the global...

In recent years, the emergence of rising budget deficit is the main reason forcing economists to investigate the reasons for changes in fiscal balances. The purpose of the paper is to investigate the relationship between budget deficit and macroeconomic fundamentals using data from Azerbaijan....

This paper makes a quantitative assessment of possible reforms to the Chilean tax system. The simulations are based on a recursive dynamic computable general equilibrium model that is calibrated with the input-output matrix 2003. For each scenario is considered a cut effective rate of value...

This paper analyzes entry deterrence strategies at sequential multi-unit Englishtype repeated auctions, motivated by entry deterrence observed at a series of yearly auctions of fishing rights occurring since the early 1990s in the Chilean Sea Bass industrial fishery. It analyzes parametric...

Die Bundesregierung plant eine Anpassung des Einkommensteuertarifs in den Jahren 2013 und 2014, mit der die Wirkungen der kalten Progression ausgeglichen werden sollen. Diese entstehen vor allem durch den schnellen Anstieg der Grenz- und Durchschnittssteuersätze im unteren und mittleren...

Seit der Finanz- und Wirtschaftskrise 2008/2009 sind die Staatsschulden in fast allen OECD-Ländern deutlich gestiegen. Die Europäische Schuldenkrise hat sich in den letzten Wochen wieder verschärft. Mit Zwangsanleihen und einmaligen Vermögensabgaben könnten Privathaushalte mit hohen...

Die japanische Wirtschaft zeigt nach der Natur- und Atomkatastrophe Erholungserscheinungen. Das Bruttoinlandsprodukt ist wieder kräftig gestiegen. Dazu haben nicht zuletzt staatliche Ausgabenprogramme beigetragen, die die binnenwirtschaftliche Nachfrage stützen. Allerdings hat sich dadurch die...