The Czech economy entered the global crisis with no major imbalances. Importantly, it did not suffer from the FX mortgage problem, unlike its regional peers. This was mainly a reflection of its early disinflation process accomplished under the inflation targeting regime from 1998. As a result,...

A cseh gazdaságot jelentős egyensúlyhiány nélkül érte a globális válság. fontos megjegyezni, hogy regionális társaitól eltérően Csehország gazdaságát nem terhelték devizahitelek. ez főként annak a korai dezinflációs politikának volt köszönhető, amely az 1998-ban...

We provide a novel set of stylized facts on individuals engaging in adult education using the Adult Education Survey (AES) conducted by TurkStat for the first time. This way we provide the first evidence on the determinants of participation in adult education in a developing country, Turkey. Our...

This paper has two objectives: (i) to introduce border policy-induced barriers (PIBs) to services trade and (ii) analyze the impact of border PIBs in services sectors on goods trade. The World Input-Output Database covering 43 countries is used over the period 2000-2014. A three-stage analysis...

The main aim of the current paper is to investigate the productivity dynamics of Turkish economy between 2003-2015, during the Adalet ve Kalkınma Partisi (AKP) era, to contribute to the ongoing discussions of long-term economic growth of the country, using a unique data set and firm-level...

This paper sheds light on the intertwined nature of goods and services exports at the firm level. In the literature, services are considered as inputs in the production of goods rather than objects of trade in themselves. However, many firms produce and trade services with goods. In this...

This paper provides a firm level portrait of services exporters along with goods exporters in a developing country. Current findings of firm level services trade literature suggest that the stylized facts of goods trade apply to services trade as well for a set of developed countries. This paper...

The aim of this study is to provide the determinants of participation in adult education in a non-EU developing country, Turkey. The analysis is conducted on a set of data on individuals engaging in adult education using the Adult Education Survey (AES), applied by TurkStat. The results indicate...

This paper examines how endogenizing technological progress in a multicountry macroeconometric model affects the analysis of fiscal policies. It uses an expanded version of the IMF's multicountry model, MULTIMOD, in which total factor productivity (TFP) is endogenized as a function of domestic...