The impact of government spending on private consumption is extensively studied in the literature. However, the main theme of these studies is the possible crowding-in or crowding-out impact of government spending on consumer spending. This paper attempts to introduce a new variable to this...

It has been a long debate whether Fed Funds target interest rate (FFTR) has significant explanatory power on interest rates in other countries. In this paper, we analyze the effects of FFTR on Bank of England (BOE) bank rate and European Central Bank (ECB) key interest rate employing-the rather...

There are many studies which have demonstrated the presence of day of the week effect-a well-known market anomaly-for security returns. Moreover, there are some studies which conclude in favor of day of the week effect in exchange rates. However, one rarely finds any studies which examine the...

It has been a long debate whether Fed Funds target interest rate (FFTR) has significant explanatory power on interest rates in other countries. In this paper, we analyze the effects of FFTR on Bank of England (BOE) bank rate and European Central Bank (ECB) key interest rate employing-the rather...

This study aims to investigate the relationship between industrial value added and CO2 emissions for developing and developed countries with the aim of making a comparison. Many countries ignore the environmental sensitivity not to drop back due to the competitiveness. However, this recklessness...

Turkish abstract: Bu çalışmada 1996-2006 çeyreklik verileri kullanılarak Keynes'in ikiz açıklar hipotezinin Türkiye ve benzeri ülke grubu için analiz edilmesi amaçlanmaktadır. Bu hipoteze göre, bütçe açıkları ile dış ticaret açıkları arasında pozitif bir ilişki...

This paper aims to analyze Keynesian well-known twin deficits hypothesis for a group of emerging countries using quarterly data between 1996 and 2006. Twin deficits hypothesis argues that there is a positive relationship between budget deficit and trade deficit. Several papers have analyzed this...

It has been a long debate whether Fed Funds target interest rate (FFTR) has significant explanatory power on interest rates in other countries. In this paper, we analyze the effects of FFTR on Bank of England (BOE) bank rate and European Central Bank (ECB) key interest rate employing - the...