This article reports investigations into the behaviour of gross profit margins (mark-ups) in Turkish manufacturing industries for the post-1980 liberalization period in relation to price inflation, trade liberalization (openness) and real wage costs. Panel data econometrics over 29 subsectors of...

Happiness and life satisfaction are two empirically correlated but conceptually different determinants of quality of life. It has been theorized that happiness is an affective construct, whereas life satisfaction is a cognitive one. According to the recent literature, substantial levels of...

This study investigates the effects on private saving rates of a number of policy and non-policy variables. The analysis covers the period 1968-1994. The empirical private saving model for Turkey is estimated. The findings support the hypothesis that private saving rates have strong inertia. The...