The aim of this study is to explore the determinants of the out-of-pocket expenditures on health in selected hospitals of the capital city Ankara, Turkey. Maximum likelihood logistic analysis is used to estimate the relationship between the likelihood of incurring out-of-pocket payments and a...

The money demand function has been regarded as a fundamental building block in macroeconomic modelling, as it represents the link between the monetary policy and rest of the economy. The extensive literature on money demand function is concerned with the existence of a stable money demand...

The objective of the paper is to investigate the stability properties of the European Money Demand function by means of multivariate time series modelling for the time period 1980 -2010 using aggregated data of EU17, European Union member states which use the euro as their currency. A...

Following a brief account of the history and structure of Turkey's armed forces, the article reports on an effort to profile current conscripts using survey data. The samples suggest that over 50 percent of the conscripts believe that they would like to enlist beyond the conscription period, and...

Previous empirical studies examining the determinants of re-enlistment probabilities have generally employed a univariate approach and have suggested that expected further education increases the likelihood of joining the army. However, the re-enlistment and further education decisions can be...

Tourism sector entails both costs and benefits to the economy. The costs are mainly emphasized as opportunity costs. On the other hand tourism revenues may have growth promoting potential benefits: It is a source for deriving foreign exchange which can be used to import capital goods for...

This paper investigates the effect of inflation uncertainty innovations on inflation over time by considering the monthly United States data for the time period 1976-2006. In order to investigate the effect of inflation uncertainty innovation on inflation, a Stochastic Volatility in Mean model...

Defence expenditures have both costs and benefits to the economy. The costs of defence expenditures are mainly emphasized as opportunity costs. On the other hand, defence spending may have growth-promoting potential benefits: a rise in defence spending may result in a higher aggregate demand,...