Çalışmada iki değişkenli Genelleştirilmiş Otoregresif Koşullu Değişen Varyans modeli yardımıyla büyüme, enflasyon oranı ve belirsizliklerinin arasındaki Granger nedensellik ilişkileri incelenmiştir. Türkiye ekonomisine ...

In this study, we compare the Hodrick-Prescott Filter technique with the Fractional filtering technique that has recently started to be used in various applied sciences like physics, engineering, and biology. We apply these ...

We develop unit root tests for nonlinear heterogeneous panels where the alternative hypothesis is an exponential smooth transition (ESTAR) model, and provide their small sample properties. We apply our tests for investigating ...

This paper investigates the macroeconomic effects of terror by using a novel data set from Turkey for the period of 1987:1 to 2004:4. This research contributes to the literature by controlling for the possible non-linear ...

In this paper we have estimated the monetary reaction function of the Central Bank of the Republic of Turkey. The originality of the paper is that we have used smooth transition functions (STR) that allow for proper modelling ...