In this study, it is discussed whether this crisis is the hegemony war of USA or not, by moving from the idea that the crisis experienced recently can be considered as a great depression. In this discussion, the theoretical structure of the great depression and the historical dimension of the...

This paper characterizes business cycle phenomena in a sample of 22 developed and developing economies using a univariate Markov regime switching approach. It examines the efficacy of this approach for detecting business cycle turning points and for identifying distinct economic regimes for each...

This paper characterizes business cycle phenomena in a sample of 22 developed and developing economies using a univariate Markov regime switching approach. It examines the efficacy of this approach for detecting business cycle turning points and for identifying distinct economic regimes for each...