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Volume XIII, Number 1. May 2008

An empirical assessment of the Optimum Currency Areas Theory: Turkey and the EMU Countries

I. Ozer, I. Ozkan. Hacettepe University

This study aims to analyze Turkey and the EMU countries in the light of criteria suggested by the optimum currency areas (OCA) theory and the Maastricht criteria. To this end, we follow a novel approach with an application of fuzzy c-means (FCM) clustering. The results show that the application of…
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The evaluation of the impact of the technology transfers from public laboratories to private firms: the case of the French Nuclear Authority (CEA)

Vincent Vigneron. Université Paris 1, Université d'Evry

Patrick Letremy. Université Paris 1

Serge Petit. Infineon Technologies AG

Research laboratories are increasingly coming under pressure to evaluate the economic impact of their research. After the multiplication of technology discrimination devices bound to foster the innovative efforts in firms, public policy makers are seeking to evaluate the impact of these means on the economy. Existing evaluation indicators are poorly…
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Background factors facilitating economic growth using linear regression and soft regression

Eli Shnaider, Nava Haruvy. Netanya Academic College

This article attempts to explore the background factors facilitating economic growth. In this article background factors mean some set of factors that by their nature are slow to build up, but their presence is necessary to attain higher levels of aggregate income. Their presence, however, in itself does not guarantee…
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Using neural networks to assess the impact of institutional arrangements on economic outcomes: inflation and the separation of monetary policy from banking supervision

Raphaël Franck. Bar Ilan University

This paper uses a competitive neural network model to examine whether the separation of monetary policy and banking supervision has an impact on inflation. Our results show that countries with similar organizations of banking supervision and monetary policy indeed have similar levels of inflation. In addition we find that both…
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