Levent, Korap (2006): An essay upon the business cycle facts: the Turkish case. Published in: Dumlupınar Üniversitesi Sosyal Bilimler Dergisi , Vol. 16, (2006): pp. 5-30.
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In our paper, we try to investigate the main determinants of the Turkish business cycles. Having examined some important issues of interest in business cycle theory, we estimate the business cycle stylized facts for the Turkish economy and compare the estimation results obtained in this paper to some benchmark papers chosen in business cycle literature. All in all, our estimation results give support to the importance of supply side models in explaining the Turkish business cycles in line with the contemporaneous Real Business Cycle Theory.
|Item Type:||MPRA Paper|
|Original Title:||An essay upon the business cycle facts: the Turkish case|
|English Title:||An essay upon the business cycle facts: the Turkish case|
|Keywords:||Business Cycles ; Turkish Economy ; Countercyclical Prices ; Supply-Driven Models ;|
|Subjects:||E - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles > E32 - Business Fluctuations; Cycles
E - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles > E31 - Price Level; Inflation; Deflation
|Depositing User:||Levent Korap|
|Date Deposited:||29. Mar 2010 07:47|
|Last Modified:||12. Feb 2013 00:50|
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