In this study, we provide both a descriptive analysis and ordered probit analysis of the self-reported health status for adult men and women in Turkey. Self -reported health is considered to be a reliable measure of adult health status and comparable to the clinical measures of health status. We...

After Old Institutional economics lost its dominance after the 2nd World War, it entered a new revival period; the beginning of this period was marked with Oliver Williamson’s (1975) use of “New Institutional Economics” (NIE) as a new term in his studies. New Institutional Economics...

When examined in isolation, the 2002-2007 period in Turkey stands out as a high growth period. However, the relative performance of Turkey in this period is weaker compared to China. The service sector in Turkey had the lowest labor productivity growth rate. Counterfactual experiments based on a...

Finance and financial markets were at the heart of the global economic crisis that began in August 2007. 2010 has seen the transformation of the global financial crisis into a sovereign debt crisis in the Eurozone. Starting from Greece, the debt crisis has put intense pressure on the bonds of...

In this study, the historical roots of individuality will be examined. According to the view of economic individuality, pursuit of self-interest is the fundamental motivation for all of human beings. When we look into the eighteenth century, the main argument was whether the rise of the...

2008 küresel kriz ile birlikte özellikle az gelişmiş ve gelişmekte olan ülkelere yönelik sermaye akımlarında artış gözlemlenmiştir. Bu durum, bahsi geçen ülkelerin finansal sistemlerinde kırılganlık yaratmıştır. Ayrıca günümüzde birçok merkez bankasının hedefi, fiyat...

Oil prices affecting production costs, inflation rates and therefore economic growth, have a direct impact on stock market returns. In the last two decades sharp increases in oil prices led way to stock market collapses which were transmitted to the global economy as downturns. This paper...

1980’lerden sonra ABD Hazinesi, IMF ve Dünya Bankası’nın güç birliğiyle oluşturulan Washington Konsensüsü ile Neo-Liberal iktisat politikalarının ortaya çıkardığı paradigma, piyasa mekanizmasını hakim sistem haline getirmiştir. Dünya ekonomisinde izlenen bu politikalar ve...

Monetary Policies of expanding liquidity through bottom low interest rate; stimulus packages, quantitative easing, etc should be transmissible to the entire market (i.e. economy) for best performance. However, current markets (i.e. economies) do not posses enough market security to provide the...

In the literature there is a great debate on the growth effects of international financial integration. It is argued that the direction and the magnitude of the effect of financial integration on growth depend on some structural and economic characteristics of the economies. This implies that...