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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...
Persistent link: https://www.econbiz.de/10005505978
We analyze the implications of the time inconsistency problem for the Turkish monetary policy in the last two decades. After deriving the restrictions that the Barro and Gordon model imposes on a time series model for inflation and output, we show that the time inconsistency problem can explain...
Persistent link: https://www.econbiz.de/10004971489
We analyze the implications of the time inconsistency problem for the Turkish monetary policy in the last two decades. After deriving the restrictions that the Barro and Gordon model imposes on a time series model for inflation and output, we show that the time inconsistency problem can explain...
Persistent link: https://www.econbiz.de/10010322146
Persistent link: https://www.econbiz.de/10010146273
Persistent link: https://www.econbiz.de/10007654284
During the past three decades inflation in Sudan accelerated and was highly variable. Various factors contributed to this acceleration and variability. Predominant amond these is the monetary financing of a persistent budget deficit in the country. Other real, expectational and structural...
Persistent link: https://www.econbiz.de/10005486506
Results from this cross-country study indicate that there are no simple patterns in how investment in schooling in the MENA countries differs from international experience. The regression results for 1965 and for 1994 show a wide diversity in enrollments at the primary and secondary school...
Persistent link: https://www.econbiz.de/10005486507
In our study of four industries, we confirmed that there is a relationship between the stage through which the industry is going, thus its level of turbulence, and the nature of cooperative strategies. More specifically it appears in situations of industry reconfiguration, that the smaller, more...
Persistent link: https://www.econbiz.de/10005486508
This study investigates the determinants of school attainments of boys and girls in Turkey. Although high levels of enrollement have been achieved at the primary school level for both boys and girls in much of Turkey, substantial regional differences remain. In particular, in the Southeastern...
Persistent link: https://www.econbiz.de/10005486509
The purpose of this study is two-fold: assessing trade policy towards textiles in the main exporting south Mediterranean countries and in their export markets (the EU and the USA) and analyzing the likely impact of full implementation of the Agreement on Textile and Clothing (ATC) in light of...
Persistent link: https://www.econbiz.de/10005486510