Although the behavioral economics is subject of interest for over 50 years, it becomes fashionable again, as result of global crisis, to reassess the influence of irrational factors to economic development. B&H is exposed to constant crisis…
Psychological factors are an interesting area of research because they are "hidden", they cannot be seen, and so we do not know how they act on consumers. This research was necessary to determine whether psychological factors (motivation, perception,…
It is a fact that Albania was the last country in Eastern Europe, which began the implementation of the free market principles after 90s. So, at the beginning of the transition, the so named competition was an inevitable phenomenon of the new market…
According to World Tourism Organization (UNWTO) Turkey is currently the 6th most attractive tourism destination in the world. In year 2014 Turkey is expecting 38 million tourists and about $ 35 billion of revenue. Objective for 2023 is 50 million…
This paper examines the determinants of the Albanian economic growth that occurred from 2002-2012. We have explored, first, the time series properties of the growth rates of gross domestic product and labor productivity with an extended battery of…
Using DCC-MIDAS model, we analyze the time-varying correlations between crude oil and the major asset classes by taking into account both long and short term components. Next, the structural changes in the long term correlation components are…
Author:TURHAN, Ibrahim
HACIHASANOGLU, Erk
SENSOY, Ahmet
OZTURK, Kevser
Tourism is one of the key sectors in the regional economic growth and development. Especially countries, which have coastal areas, historical places and famous cultural events -like Olympics, Carnivals, Film Festivals etc.- experience high tourism…
European Union (EU) Enlargement is identified as a successful tool for the EU in order to enhance economic and security benefits as well as to Europeanize the prospective members. Despite its achievements until now, enlargement have also some…
The study examines the role of private sector for inclusive development based on descriptive qualitative analysis using secondary data and various key economic indicators for private sector with respect to inclusive development, among others are…
Islamic banks are so popular nowadays, while many people had preferred to stay far in the past. Even to World’s first and foremost conventional banks have new departments related to Islamic banking. Essentially, Islamic banking is similar to…