In this paper, we investigate the responsiveness of financial markets to monetary policy expectations in Turkey. According to the efficient markets hypothesis, financial markets respond to anticipated policy actions prior to a policy announcement. As a result, they are expected to respond only...

In this paper we have estimated the monetary reaction function of the Central Bank of Republic of Turkey. The originality of the paper is that we have used smooth transition functions (STR) that allow for proper modelling of nonlinearities and asymmetries in the relationship between variables...

The aim of this study was re-debated in recent years begun to test whether current account deficits are sustainable. Our study has been tested with monthly data 2001:3-2011:4 period, used by Husted (1992) intertemporal model. According to the Johansen co-integration analysis, in Turkey’s...

Economic activities becoming more knowledge oriented. With liberalization of the global trade global competition escalated. In this context global competition acquired a shape among the knowledge goods. Societies which produce and use knowledge goods in their economic activities holding an...

In this empirical paper, the long-run relations between higher education and economic growth in Turkey has been investigated. ARDL bound test which is a long-term co-integration test has been used based on Turkish real gross domestic product and the number of higher education graduates time...

Turkish Abstract: Bu çalışmada, (Kamakura & Du,2012)’nun dinamik faktör analizi yaklaşımı tabanlı bir metot, Türkiye’de farklı alt-sektörlerde faaliyet gösteren çevrim içi perakende markalarının 2014 – 2017 yılları arasındaki haftalık, arama eğilimleri verileri...