This study analyses the static effects of the customs union between Turkey and the European Union (abbreviated as CUTEU) and its alternatives from the partial equlibrium view. The first section of this study outlines the main economic effects of a customs union as well as the main methods of...

This study aims at the dynamic effects of the customs union between Turkey and the European Union (abbreviated as CUTEU) from the partial equlibrium view. This aricle consists of three parts. The first part of the article analyses briefly the static and dynamic effects and their measurement...

This study seeks for the sustainability of budget deficits using a simple quantitative model. This work reveals that the Turkish budget deficits in 1998 are not sustainable according to the alternative scenerios are formed.

This study is concerned with the components of the total seigniorage revenues that have been collected by the Turkish governments during the years 1970-1997. Traditionally, a government can increase the monetary base in order to finance its expenditures partially. This form of monetary finance...

This study provides empirical estimates for new residential homes demand function in Turkey using the time series data for the period 1964-2004. An aggregate demand function for new private dwellings in Turkey is formed and is estimated using bounds testing cointegration procedure proposed by...

This paper empirically analyses the stability of the narrow money demand function (M1) in Turkey for the period 1950-2002. As part of the IMF-sponsored stabilisation programme, Turkey has been pursuing base money targets. To ascertain whether this policy framework satisfies the necessary...

This study brifly looks into the process of Turkey into the world economy and concludes that this process has been accelareted in the 1990s.

The existing economic literature on the black economy and its measurable size is mainly based on industrialized western countries. This paper, however, tries to estimate the size of the black economy empirically in the case of a developing country: Turkey. According to the monetary approach that...