An economic signalling model contributing to the explanation of religious schism is presented. Religious groups are interpreted as a device for exchanging information about and via others. Two effects result. First, the larger the network, the worse the signal quality one receives of the type of...

Turkish Statistics Institution (TUIK) has formed input-output tables for various years. For example, in the years 1959, 1963, 1968, 1973, 1979, 1985, 1990 and 1998, input-output tables and, in relation to them, coefficient matrices and Leontief inverse matrices were formed. Although all these...

The Aegean Region, which is the focus of this study, is the second most developed region of Turkey. Its share in the GDP has remained relatively stable around 17 percent during 1990-2000 periods according to data provided by State Planning Organization of Turkey. The region enjoys a number of...

This paper develops a set of leading indicators of industrial production growth and consumer price inflation for the period 2001-2010. The choice of indicators is based on pseudo out-of-sample forecasting exercise implemented by Stock and Watson (2003), amongst others. We find that asset prices...

This paper examines trends in household consumption and saving behaviour in each of the last three recessions in the UK. The ‘Great Recession’ has been different from those that occurred in the 1980s and 1990s. It has been both deeper and longer, but also the composition of the cutbacks in...