Turkiye’de son yillarda cari islemler aciginin yuksek seviyelerde dalgali bir seyir izlemesi ve buna paralel olarak gundeme gelen kirilganliklar, dis dengeyi makroekonomik istikrari saglamaya yonelik politikalarin merkezine oturtmaktadir. Cari islemler dengesine dair politika tasariminin...

Turkey's high current account deficit has been at the core of macroeconomic policy discussions in recent years. Quantifying the role of cyclical factors in driving the current account fluctuations is essential for designing an appropriate policy response and evaluating the impact of policy...

Turkey's high current account deficit has been at the core of macroeconomic policy discussions in recent years. Quantifying the role of cyclical factors in driving the current account fluctuations is essential for designing an appropriate policy response and evaluating the impact of policy...

We study the transmission of business cycle fluctuations for developed (N ) to developing economies (S ) with a two-country, asymmetric, DSGE model with endogenous development of new technologies in N, and sunk costs of exporting and transferring the production of the intermediate goods to S....

We propose a structural dynamic factor model of a small commodity-exporting economy, using Canada as a representative case study. Combining large panel data sets of the global and do- mestic economies, sign restrictions are used to identify relevant demand and supply shocks that explain...

This paper studies the dynamics of external accounts during 278 economic recession events in the past 60 years and sheds light on key factors that shape these patterns. Economic recessions trigger highly-persistent increases in the current account, driven by an initial, sharp decline in...

Turkey’s high current account deficit has been at the core of macroeconomic policy discussions in recent years. Quantifying the role of cyclical factors in driving the current account fluctuations is essential for designing an appropriate policy response and evaluating the impact of policy...

In our paper, the cyclical properties between real income and inflation in the Turkish economy have been tried to be examined by use of some contemporaneous filtering techniques. Our findings considering 1987Q1-2007Q2 investigation period reveal that the cyclical real income component has a...

Bu çalışmanın amacı, Türkiye’nin Almanya ekonomisi ile olan ihracat ve ithalat talep fonksiyonlarını tahmin etmektir. Bu fonksiyonlarının tahmin edilmesi sürecinde Gümrük Birliği sonrası dönem ayrıca analiz edilmiştir. Birim kök test sonuçları tüm değişkenlerin seviyede...

Osmanlı devletinin çöküş sürecinde dış ticaret açıkları ve dış borçlanma önemli rol oynamıştı. Mustafa Kemal, bu ilişkiyi daha Yeni Türkiye’nin ilk günlerinden görerek, ülkenin bağımsızlığı bakımından iktisadi kalkınmanın önemini, özellikle yabancı ülkelere...