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Ethnic fractionalization conflict and educational development in Turkey
(Pergamon-Elsevier Science Ltd, 2019)
We examine the impact of ethnic fractionalization and conflict on limiting the educational development in Southeastern Turkey. Our estimates show that although the armed conflict in the region did not directly hinder ...
Macroeconomic and institutional determinants of financialisation of non-financial firms: Case study of Turkey
(Oxford University Press, 2014)
We observe that industrial firms in Turkey have shifted substantial amounts of working capital from production activities to the purchase of high-yield interest-bearing assets most notably public bonds to ensure immediate ...