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Rationality of inflation expectations in a financially repressed economy
(Bilkent University, 1990)
This study attempts to assess the quality of p u b l i c ’s expectations of inflation by investigating the dynamic interactions between money, prices, income and interest rates in Turkey. Four alternative hypotheses on ...
Markets as institutions
(Bilkent University, 1995)
This dissertation investigates resource allocation via institutions. A unifying framework for studying various kinds of institutional structures is provided. After the introductory Part 1, Part 2 presents the general ...