. Spillover effects of aggregate market innovations have generally outweighed intra-sectoral spillover effects. Overall, the …

In order to explain the joint fluctuations of output, inflation and the labor market, this paper first develops a … general equilibrium model that integrates a theory of equilibrium unemployment into a monetary model with nominal price … rigidities. Then, it estimates a set of structural parameters characterizing the dynamics of the labor market using an …

market and nominal assets. We estimate the dimension of the rational expectations equilibria for any degree of revelation …

and unwind foreign equity positions gradually and (iii ) US investors increase their market share in a country when stock …

three main changes associated with Turkish membership: (i) accession to the internal European Market; (ii) institutional … result of accession to the internal market and free movement of labour. If Turkey would succeed in reforming its domestic …