This paper examines Turkey’s international cost competitiveness in manufacturing with respect to the Slovak Republic, and quantitatively investigates the relationship between Turkish cost competitiveness and the exports of manufactured goods at an industry level. The Relative Unit Labor Cost...

This paper investigates the causes of Turkish export-boom after 2000 in the manufacturing sector. We mainly concentrate on cost and productivity aspects of the production in the manufacturing sector. Effects of productivity, wage and exchange rate are analyzed in the framework of the augmented...

This paper analyzes the current state of research in macroeconomics in the light of first year macroeconomics courses offered in the 16 leading Ph.D programs. Our investigation confirms that methodological and ideological differences of 1970’s and 80’s are about to disappear as...

Several recent papers have studied the impact of macroeconomic shocks on the financial policies of firms. However, they only consider the case where these macroeconomic shocks affect the profitability of firms but not the financial markets conditions. We study the polar case where the...

This paper argues that the canonical assignment model, which is widely used in the study of wage determination, provides natural links to the standardized tools of inequality analysis, such as the Lorenz curve and the Gini coefficient. I show that an intuitive formula for the Gini coefficient of...

This paper investigates the link between job satisfaction and home ownership. We explicitly focus on the effect of a transition from non-ownership to ownership on the self-reported job satisfaction scores. In other words, we concentrate on the change in job satisfaction response for individuals...

Individuals tend to self-report higher well-being levels on certain days of the week than they do on the remaining days, controlling for observables. Using the 2008 release of the British Household Panel Survey, we test whether this empirical observation suffers from selection bias. In other...

[EN] Using a national panel of housing units, this paper analyzes the rate of nominal rigidities in housing rents in Turkey between 2008 and 2011. We find that, on average, 31.5 percent of the rents did not change from year to year in nominal terms. We then ask if the incidence of nominal...

[TR] Bu calisma, 2008 yilinda uygulamaya konan istihdam tesvik programinin hedef demografik gruplarin istihdam olasiliklari uzerinde etkili olup olmadigini Hanehalki Isgucu Anketi’nin 2004- 2011 donemini kapsayan mikro verilerini kullanarak analiz etmektedir. Programin, 18-29 yas grubundaki...