...Antonio Di Paolo; Aysit Tansel Purpose This paper analyzes the drivers of wage differences among male college graduates who hold a degree in a different field of study. We focus on Turkey, an emerging country that is characterized by a recent sustained expansion of higher education. Design...

...Ali T. Akarca; Aysit Tansel Purpose – Two major earthquakes which struck Northwestern Turkey in 1999 exposed rampant corruption involving construction and zoning code violations. The government’s relief efforts were tainted by corruption as well, and exhibited a great deal of incompetence. How...

...Nazif Durmaz Purpose – The purpose of this paper is to examine the J-Curve effect in Turkey at the industry level. Design/methodology/approach – In order to find the long-run and short-run effects, 58 industries (by Standard International Trade Classification Rev.3) have been...

.... This paper takes up the case of Turkey whose economy is growing fast, and where welfare weights are an important political issue. Section II introduces the theoretical properties of the social valuation function and, based on a suitably flexible functional form, presents an equation linking welfare weights...

... using the much exploited, familiar cross-country data. This paper aims to undertake a similar study of the gender effects of education on economic growth using a panel data across the provinces of Turkey for the period 1975-2000. Design/methodology/approach – The theoretical basis...

...K. Azim Özdemir; Mesut Saygılı Purpose The purpose of this paper is to investigate whether the inclusion of uncertainty variables in the demand for money function can produce a stable relationship in Turkey. Design/methodology/approach The stability of a money demand function is studied...

...A. Nazif Çatik; Christopher Martin; A. Özlem Onder Purpose Using data from Turkey, this paper seeks to investigate whether relative price changes can help to explain the Phillips Curve relationship between inflation and output. Design/methodology/approach Building on work by Ball and Mankiw...

...Roberto Dell'Anno; Ferda Halicioglu Purpose The goal of this paper is twofold: to estimate the unrecorded economy (UE) of Turkey over the period 1987‐2007 using a revised version of the currency demand approach, and to analyze the relationship between the UE and recorded GDP. Design/methodology...

... the latest I/O table is to be undertaken in order to complete the design to be used in practice. This paper suggests this vector to be estimated using some proxy or instrumental variables approaches as a topic for further research. Practical implications During the last ten years in Turkey, the five‐year...

...Hassan Mohammadi; Murat Cak; Demet Cak Purpose The aim of this paper is to prove the validity of Wagner's hypothesis. Design/methodology/approach The paper examines the validity of Wagner's hypothesis with annual data for Turkey over 1950‐2005 period. Findings The empirical results using...

...Hülya Kanalici Akay; Mehmet Nargelecekenler Purpose The purpose of this paper is to analyze the time‐inconsistency problem between inflation and unemployment rate series for Turkey. Design/methodology/approach The validity of the Barro‐Gordon model's implications is tested by using state‐space...

...Ferda Halicioglu Purpose The purpose of this paper is to study empirically the dynamics of Turkish bilateral trade between Turkey and her nine trading partners, in addition to aggregate trade balance data. Design/methodology/approach The paper employs cointegration, generalized impulse...

...Haluk Sezer Purpose This paper aims to estimate a set of welfare weights for Turkey, based on per capita regional incomes, and to present them for possible policy consideration by the government. Design/methodology/approach An important component of the regional welfare weight measure...

...Huseyin Kalyoncu; Fatih Yucel Purpose The objective of this study is to examine the relationship between defense expenditure and economic growth for Turkey and Greece in the period of 1956‐2003 using yearly data. Design/methodology/approach The Engle‐Granger cointegration methodology...

...Orhan Kara Purpose The purpose of this paper is to investigate gender based wage differences by schooling and occupations and to estimate the occupational gender wage discrimination in Turkey where strenuous attempts are underway to modernize and negotiate its culturally (Islamic)‐based gender...

... in Turkey. The estimation results show that expected exchange rate is statistically significant in the money demand function, indicating existence of currency substitution in Turkey. The dynamics of money demand is important, the inflation and income effects are much smaller in the short‐run than long‐run...

... indicating that institutional shareholders don’t serve to discipline managers (Bethel and Liebeskind, 1993; Lowenstein, 1991). © MCB UP Limited 2000 Agencies Costs Control systems Ownership Manufacturing industry Turkey Agency costs arise within a firm whenever managers pursue...

... the theory underlying these approaches is asymptotic. © MCB UP Limited 1998 Cointegration Models Money supply Systems analysis Turkey The objective of this paper is to use a multivariate cointegration approach to the determination of long‐run nominal money balances in the Turkish...