This dissertation examines the behavior of the exchange rate under two different scenarios. The first one is characterized by, relatively, low inflation or a situation where prices adjust sluggishly. The second is a high inflation economy where prices respond very rapidly even to unanticipated...

Ekonomi yöneticilerinin çeşitli zamanlarda telaffuz ettikleri “bankacılık sektörü toplam aktifl erinin 2007 yılına kadar USD 500 milyara ulaşacağı” savı irdelenmiştir. Oluşturulan senaryo ışığında banka aktifl erinin 2007 yılında ancak USD 278 milyara yükseldiği...

This dissertation examines whether-there exists financial constraints and, if so, their implications for investment in research and development expenditures. It develops a theoretical model of credit rationing and research and development in which both are determined simultaneously and...

In this study, we explore the hypotheses that (a) workers' remittances enhance economic growth in Latin American countries, and (b) workers' remittances help reduce poverty in Latin American countries. In recent decades, workers' remittances have become an important source of income for many...