Today, the majority of refugees live in urban areas with exposure to social dynamics and economic fluctuations. In regard, Syrians in Turkey are not an exception. There are currently over 3.6 million Syrians in Turkey, and nine out of ten live outside of the 13 government-run camps located in 8...

This study shows that the financial reform process, which started in 1980, considerably deepened the financial system. However, the impact of this deepening on credit growth was extremely mild, if not insignificant. We further show that the growth of credit stock, not the deepening of the...