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The weak government argument claims that fractionalized governments (coalition or minority governments) have more difficulty increasing their tax revenues or decreasing their spending than majority governments. This implies that weaker governments are associated with higher government deficits....
Persistent link: https://www.econbiz.de/10004974498
This study examines the dynamics and determinants of inflation in the Ottoman Empire during the 1586-1913 period. There might be two main reasons for inflation: fiscal expansion and monetary expansion where the monetary expansion could be generated through the debasement of local currency...
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Bu çalışma Türk futbol takımlarının Avrupa kupalarında elde ettikleri başarıların insanlar üzerindeki psikolojik etkilerini sanayi üretimini verimliliğini kullanarak araştırmaktadır. Mutlu Çalışan Hipotezi’nce çalışanların Psikolojik Durumu (PD)’nu olumlu ve olumsuz...
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In the literature, there is no consensus about the direction of the effects of inflation uncertainty on interest rates. This paper states that such a result may stem from differentiation in the sources of the uncertainties and analyzes the effects of different types of inflation uncertainties on...
Persistent link: https://www.econbiz.de/10005686589
This paper assesses the effect of expected inflation and inflation risk on interest rates within the Fisher hypothesis framework. Autoregressive conditional heteroscedastic models are used to estimate the conditional variability of inflation as a proxy for risk. With the U.K. quarterly data from...
Persistent link: https://www.econbiz.de/10005686764