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 ...

Environmental pressure evaluation using carbondioxide emissions: An environmental Kuznets curve panel data application This study investigates Environmental Kuznets Curve (EKC) Hypothesis with a panel data (45x40) application. ...

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 paper studies the labor market implications of high-tech versus low-tech foreign firms by using a heterogeneous matching model. This approach allows us to identify the effect of the different skill intensity of the ...

This paper constructs a two-sector unified growth model. Learning-by-doing in agriculture eventually allows the preindustrial economy to leave its Malthusian trap. But entrepreneurs in the manufacturing sector do not attempt ...

The link between regional efficiency and public policies in Turkey: An analysis of a panel threshold model This study aims to investigate if there are any impacts of two major public policy tools: namely, investment ...

In this chapter, the authors construct a model that allows for joint discussion of foreign firm and skill premium in wages, and their evolution upon increased foreign firm activities. They allow for (1) dynamic interaction ...

By considering the manufacturing pay inequality index as a proxy for overall income inequality and a novel index for the informal economy, this study analyzes the relationship between income inequality and the size of the ...

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 ...