Now showing items 1-8 of 8

    • Bertrand-edgeworth equilibrium in a cash-in-advance economy 

      Başçı, E.; Saglam, I. (Oxford University Press, 2003)
      This paper is about price and wage competition in a dynamic general equilibrium model. We consider an equity financed economy where firms need money to finance their input costs. Part of the output is sold for money to be ...
    • Bidding structure, market efficiency and persistence in a multi-time tariff setting 

      Avci-Surucu, E.; Aydogan, A. K.; Akgul, D. (Elsevier, 2016)
      The purpose of this study is to examine the fractal dynamics of day ahead electricity prices by using parametric and semi parametric approaches for each time zone in a multi-time tariff setting in the framework of bidding ...
    • The determinants of privatization prices: evidence from Turkey 

      Arin, K. P.; Okten, C. (Routledge, 2003)
      This paper analyses the determinants of privatization prices in a multi-industry study using a sample of 68 recently privatized firms from Turkey. Results show that revenue and market characteristics are significant ...
    • Econometric tests of asset price bubbles: taking stock 

      Gürkaynak, R. S. (Wiley-Blackwell Publishing Ltd., 2008)
      Can asset price bubbles be detected? This survey of econometric tests of asset price bubbles shows that, despite recent advances, econometric detection of asset price bubbles cannot be achieved with a satisfactory degree ...
    • Openness and the effectiveness of monetary policy: empirical evidence from Turkey 

      Berument, H.; Doǧan, B. (Routledge, 2003)
      The empirical evidence suggests that openness decreases the effect of monetary policy on output, however the effect on prices is not statistically significant. In this study these predictions are tested over the open economy ...
    • Patterns of financial capital flows and accumulation in the post-1990 Turkish economy 

      Biçer, F. G.; Yeldan, E. (Routledge, 2003)
      The purpose of this paper is twofold: using time series econometrics, we first investigate the determinants of short-term foreign capital inflows for Turkey following its capital account liberalization in 1989. We next ...
    • Testing Marshall-Lerner condition: a non-parametric approach 

      Mahmud, S. F.; Ullah, A.; Yucel, E. M. (Routledge, 2004)
      In this study, non-parametric kernel estimation technique has been employed to estimate import and export price elasticities for six developed countries. Based on the estimates of these elasticities Marshall-Lerner condition ...
    • Turkey's experience with disinflation: where did all the welfare gains go? 

      Neyapti, B. (Routledge, 2013)
      This article measures the welfare gains from disinflation in Turkey during the 2000s. Estimated welfare gains exceed the real output gains, which is likely to arise from persisting allocative inefficiencies, pointing at ...