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This paper empirically examines how wage growth in Turkey has been influenced by workdays lost to strikes, by inflation and by real GDP through the vector autoregression model for the annual period 1963-2015. According to empirical results, wage growth is largely affected by workdays lost to...
Persistent link: https://www.econbiz.de/10011991446
Europe is a notable tourism region and so international tourist arrivals are getting more crucial day by day for attraction center countries. Besides many economic factors, exchange rate is also main economic determining factor of tourism demand. This paper investigates the asymmetric effects of...
Persistent link: https://www.econbiz.de/10015419538
In this study, the endogenous money hypothesis is examined for the Argentinean economy employing exogeneity tests by using monthly data for the time period 1991-2001 within the frame of money and price relationship in a Currency Board-like system. Empirical results support the hypothesis which...
Persistent link: https://www.econbiz.de/10010320471