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Social and Behavioral Sciences Commons

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Articles 1 - 13 of 13

Full-Text Articles in Social and Behavioral Sciences

Long Memory In Turkish Inflation Rates, Haluk Erlat Sep 2001

Long Memory In Turkish Inflation Rates, Haluk Erlat

Topics in Middle Eastern and North African Economies

No abstract provided.


Inflation And Output Growth In Turkey, 1963-1999, Tevfik F. Nas, Mark J. Perry Sep 2001

Inflation And Output Growth In Turkey, 1963-1999, Tevfik F. Nas, Mark J. Perry

Topics in Middle Eastern and North African Economies

No abstract provided.


Policy And Progress In Moroccan Agriculture: A Retrospective And Perspective, Channing Arndt, Wallace E. Tyner Sep 2001

Policy And Progress In Moroccan Agriculture: A Retrospective And Perspective, Channing Arndt, Wallace E. Tyner

Topics in Middle Eastern and North African Economies

No abstract provided.


Simulation Of Risks And Benefits From A Money Purchase Pension Scheme For Turkey, Serdar Sayan, Ahmet Tuncay Teksoz Sep 2001

Simulation Of Risks And Benefits From A Money Purchase Pension Scheme For Turkey, Serdar Sayan, Ahmet Tuncay Teksoz

Topics in Middle Eastern and North African Economies

No abstract provided.


Assessing The Performance Of Islamic Banks: Some Evidence From The Middle East, Abdel-Hameed M. Bashir Sep 2001

Assessing The Performance Of Islamic Banks: Some Evidence From The Middle East, Abdel-Hameed M. Bashir

Topics in Middle Eastern and North African Economies

No abstract provided.


Does An Exchange-Rate-Based Stabilization Programme Help For Disinflation In Turkey?, Oner Guncavdi, Benan Zeki Orbay Sep 2001

Does An Exchange-Rate-Based Stabilization Programme Help For Disinflation In Turkey?, Oner Guncavdi, Benan Zeki Orbay

Topics in Middle Eastern and North African Economies

No abstract provided.


Country Concentration Of Turkish Exports And Imports Over Time, Guzin Erlat Sep 2001

Country Concentration Of Turkish Exports And Imports Over Time, Guzin Erlat

Topics in Middle Eastern and North African Economies

No abstract provided.


Trade, Growth And Information Technology: Potential For Egypt's Regional And Global Integration, Nagla Rizk Sep 2001

Trade, Growth And Information Technology: Potential For Egypt's Regional And Global Integration, Nagla Rizk

Topics in Middle Eastern and North African Economies

No abstract provided.


The Effects Of Financial Liberalization On The Tunisian Banking Industry: A Non-Parametric Approach, Wade D. Cook, Moez Hababou, Gordon S. Roberts Sep 2001

The Effects Of Financial Liberalization On The Tunisian Banking Industry: A Non-Parametric Approach, Wade D. Cook, Moez Hababou, Gordon S. Roberts

Topics in Middle Eastern and North African Economies

No abstract provided.


Emerging Markets And Volatility Of Real Exchange Rates: The Turkish Case, Saziye Gazioglu Sep 2001

Emerging Markets And Volatility Of Real Exchange Rates: The Turkish Case, Saziye Gazioglu

Topics in Middle Eastern and North African Economies

No abstract provided.


Incentive-Based Regulations And Bank Restructuring In Egypt, Alaa El-Shazly Sep 2001

Incentive-Based Regulations And Bank Restructuring In Egypt, Alaa El-Shazly

Topics in Middle Eastern and North African Economies

No abstract provided.


Are There Rational Bubbles In The Us Stock Market? Overview And A New Test, A. (Tassos) G. Malliaris, Ramaprasad Bhar Jan 2001

Are There Rational Bubbles In The Us Stock Market? Overview And A New Test, A. (Tassos) G. Malliaris, Ramaprasad Bhar

School of Business: Faculty Publications and Other Works

A speculative bubble is usually defined as the difference between the market value of a security and its fundamental value. Although there are several important theoretical issues surrounding the topic of asset bubbles, the existence of bubbles is inherently an empirical issue that has not been settled yet. This paper reviews several important tests and offers one more methodology that improves upon the existing ones. The new test is applied to the annual US stock market data spanning over a century and at the monthly frequency covering the post-war period. Although we find evidence of stock price bubble in both …


Is The Federal Reserve Bank Stock Market Bubble-Neutral?, A. (Tassos) G. Malliaris, Marc D. Hayford Jan 2001

Is The Federal Reserve Bank Stock Market Bubble-Neutral?, A. (Tassos) G. Malliaris, Marc D. Hayford

School of Business: Faculty Publications and Other Works

This paper argues that the Fed was not stock market bubble-neutral during the last several years. This nonneutrality implies two options: first, the Fed has used monetary policies to prevent the building of the stock market bubble or, second, the Fed has contributed to its development and subsequent deflation. We supply representative quotes from the FOMC transcripts to establish that the Fed has paid significant attention to the valuation of the stock market. These quotes confirm that the stock market’s valuation was an important variable in the Fed’s decision-making and its conduct of monetary policy. We also conduct econometric modeling, …