Now showing items 1-3 of 3
The Behavior of stock returns in Turkey: 1986-1988
(Bilkent University, 1989)
This study investigates distributional and time series behavior of common stock returns in Istanbul Stock Exchange (ISE) for the period 1986-1988. The distributions of weekly price returns deviate from normality with ...
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 ...