The present paper devises an account of the possibilities that the recent crisis opens up for capitalism, which dwells upon its history. The paper takes three propositions as its starting point: First, capitalism, which ...

China witnessed an admirable growth performance over the last three decades. It is claimed that such success was achieved by strong support from government expenditures. This study examines the relationship between government ...

Exchange rate volatility models: The Turkish case This study aims to model the exchange rate volatility for Turkish economy with use of ARCH, GARCH, and SWARCH models for the period of July 2001-May 2010 with daily ...

This study aims to shed light on the Feldstein-Horioka (F-H) puzzle, making use of the potential explanations put forward in the related literature. To this end, the study takes a distinct empirical route, combining a ...