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Estimation of velocity function for Turkey using Engle-Granger two-step method
(Bilkent University, 1990)
This study aims at estimating the velocity function, for Turkey using quarterly data. Estimation is done using cointegration and error correction methods. This enabled incorporating short-term disequilibria moments in long ...
Money demand, the Cagan model, testing rational expectations vs adaptive expectations: the case of Turkey
(Bilkent University, 1995)
This thesis considers the demand for money under conditions of high inflation in Turkey during the period 1986; 1-1995:3. We test whether the monetary and inflationary experiences of Turkey can be adequately characterized ...