The purpose of this paper is to understand the effects of the elasticity of intertemporal substitution (EIS) and risk aversion on savings separately and determine which coefficient is more important factor for precautionary savings. This is an important question since a significant fraction of...

In this article, the impact of the introduction of currency futures trading on the volatility of the underlying currency market for Turkey is studied. Analyzing the data, following results are obtained. First, the results suggest that the introduction of futures trading has decreased the...

The purpose of this paper is to understand the effects of the elasticity of intertemporal substitution (EIS), the percentage change in intertemporal consumption in response to a given percentage change in the intertemporal price, and risk aversion on savings separately and determine which...

[TR] Dunya Ticaret Orgutu (DTO) kapsaminda gerceklestirilen cok tarafli ticaret muzakerelerinin sonuclandirilamamasinin bir yansimasi olarak bircok ulkenin serbest ticaret anlasmalarina (STA) yoneldigi gorulmektedir. Bu gelismeler paralelinde, AB ve ABD aralarinda ticaret ve yatirim ortakligi...

The purpose of this paper is to understand the effects of the elasticity of intertemporal substitution (EIS) and risk aversion on savings separately and determine which coefficient is more important factor for precautionary savings. This is an important question since a significant fraction of...

The firm growth dynamics is an important topic since the growth performance of firms is the main source of the economic growth in countries. Generally, crises produce a sharp decline in firms’ growth and this leads to a decline in both the level of employment and the income of households. This...

The trade volume and diversity of the products traded between Korea and Turkey have been increasing since early 2000s. On top of this, the enthusiasm of the countries in exploring new opportunities led them to start the negotiations on signing a free trade agreement in 2010. The process was...

Due to the World Trade Organization’s (WTO) deadlocked multilateral trade negotiations, many countries have started to establish Free Trade Agreements (FTA). In this context, the European Union (EU) and the United States (US) have decided to establish bilateral Transatlantic Trade and...