Currency crises creates extremely high costs in economies. The depletion of foreign exchange reserves, a severe recession and negative GDPgrowth rates are observe in the countries where the currency crises are occurred. There seems to be great benefits from identifying reliable early warning...

This paper has empirically examined the relationship between financial development and economic growth in Turkey by using quarterly observation over the period 1987–2007. The model is estimated with the bound testing approach to cointegration with the autoregressive distributed lag (ARDL)...