This study aims to evaluate the vulnerability of the Turkish economy in the context of global crises during the 1998:01-2012:08 period employing signals approach improved by Kaminsky, Lizando and Reinhart (1998) [KLR]. Our study is necessary and timely to assess the fragility of Turkey since the...

This study investigates the price setting behavior of Turkish industries based on the results of a survey that was conducted by the Central Bank of the Republic of Turkey. The results show that under normal conditions, the majority of the firms follow time-dependent pricing rule but when...

This study aims to evaluate the vulnerability of the Turkish economy in the context of global crises during the 1998:01-2012:08 period employing signals approach improved by Kaminsky, Lizando and Reinhart (1998) [KLR]. Our study is necessary and timely to assess the fragility of Turkey since the...

Output gap is defined as the difference between the potential output and actual output. There are several approaches used in the literature to estimate output gap. With this study it is aimed to obtain alternative output gap estimations for Turkish Economy, considering the constraints of...