Economic Thinking of Arab Muslim Writers During the Nineteenth Century

Bazaars of the Thousand and one nights Ozveren, Eyuep (Informa UK Limited, 2007-12-01) A re-reading of the Thousand and One Nights in light of economic thought is attempted here. These stories characterize a bazaar economy as the dark side of medieval economics. The process-view of the bazaar is discussed in relation to Smith, Walras and the Austrian School. The tacit notions of 'market price' and 'natural price' are touched upon. Auctions are then elaborated with reference to Bohm-Bawerk. Moreover, the role of asymmetric information as a recurrent theme is interpreted in relation with Akerlo...
Economic uncertainty and credit crunch - Evidence from an emerging market Rhoades, SD; Güner, Zehra Nuray (Informa UK Limited, 2003-07-01) Using both univariate and multivariate analyses, this paper attempts to determine whether a credit crunch occurred in the Turkish economy during the 1990s. It also addresses the question of whether this credit crunch was a supply-side- or a demand-side-originated phenomenon. Economic uncertainty is proxied by unanticipated inflation. The analyses are carried out by controlling for political uncertainty as well. The results indicate that economic uncertainty has a significantly negative impact on the supply ...
A History of Ottoman Economic Thought. Developments Before the Nineteenth Century Ozveren, Eyup; Ağır, Münis Seven (Informa UK Limited, 2015-01-02)
Macroeconomic variables and the housing market in Turkey Sarı, Ramazan; AYDIN, Bahadir (Informa UK Limited, 2007-09-01) This paper investigates the relation between housing starts and macroeconomic variables in Turkey from 1961 to 2000. The generalized variance decomposition approach is used to examine relations between housing market activity and prices, interest rates, output, money stock, and employment. In contrast to previous findings for developed countries, our results indicate that the monetary aggregate has a relatively more important and substantial effect on housing investment than does employment. Generally speak...
Monetary policy trilemma, inflation targeting and global financial crisis Gulsen, Eda; Özmen, Erdal (Wiley, 2020-04-01) We empirically investigate the validity of the monetary policy trilemma postulation for emerging market (EME) and advanced (AE) economies under different exchange rate and monetary policy regimes before and after the recent global financial crisis (GFC). Consistent with the dilemma proposition, domestic interest rates are determined by global financial conditions and the FED rate even under floating exchange rate regimes (ERR) in the long-run. The impact of the FED rates is higher in EME than AE and EME are...

Citation Formats

D. T. Kilincoglu, Economic Thinking of Arab Muslim Writers During the Nineteenth Century. 2017, p. 141.