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Monetary Policy Rules for an Open Economy
The most popular simple rule for the interest rate, due to Taylor, is meant to inform monetary policy in closed economies. On the other hand, its main open-economy alternative, Ball's rule based on a monetary conditions index (MCI), may perform poorly in the face of specific types of exchange rate shocks, and thus cannot offer guidance for the day-to-day conduct of monetary policy. In this paper, a comprehensive set of simple monetary policy rules (including the MCI-based and Taylor versions) is specified and evaluated, all suitable for small open economies in general, and for the United Kingdom in particular. The asymptotic properties of a two-sector open-economy dynamic stochastic general ...
Towards a Theory of Educational Transmissions
Illustrating the effect of class relationships upon the institutionalizing of elaborate codes in the school, the papers in this volume each develop from the previous one and demonstrate the evolution of the concepts discussed.
Turkish Cinema Researches Vol. 1
Turkish cinema is a bigger cinema than we have been narrated. This first series of Turkish Cinema Researches represents an important step to illuminate both the past and the present aspects that remained in the dark. There are many points that need to be discussed in the Turkish cinema. In this vein, the first series of this book makes a significant contribution to illuminate the dark sides. In this study, the social equivalent of cinema, social problems, political events, directors’ views on cinema and the contribution of Turkish cinema to the use of space or representation of the issues are discussed.
Discretionary Behavior and Performance in Educational Organizations
Examines discretionary behavior/performance, phenomenon for educational organizations to be effective in responding to the complex expectations of the 21st century. This title refers to the employee behavior that is not directly or explicitly recognized by the formal reward system, and in the aggregate promotes the functioning of the organization.
Tourism, Recreation, and Sustainability
This book is designed to illustrate many of the issues and approaches associated with sustainable tourism development, policy and research. Included are case studies of tourism development using both quantitative and qualitative methods, analytical frameworks for managing tourism and chapters addressing critical questions about the relationship between tourism and sustainability goals. As a whole, the book demonstrates the many dimensions and topics associated with attempts to address the complex issues associated with sustainability and tourism. Added in this second edition, are several new chapters that address emerging issues in management of tourism. Part I (Frameworks and Approaches) di...
New Capitalism in Turkey
New Capitalism in Turkey explores the changing relationship between politics, religion and business through an analysis of the contemporary Turkish business environment.
Art of the Digital Age
This illustrated survey of the experimental world of digital art explores the ways in which traditional painting and sculpture have been significantly changed by digital technologies, citing the emergence of such new forms as net art, digital installation and virtual reality.
User-centered Web Design
In this unique, refreshing look at design, Cato questions the usefulness behind commonly used methods to encourage user-friendly solutions and to promote more effective management of multimedia projects.
Islam, Migration and Integration
This work explores contemporary debates on migration and integration, focussing on Euro-Muslims. It critically engages with republicanist and multiculaturalist policies of integration and claims that integration means more than cultural and linguistic assimilation of migrant communities.
Science and Power
Science is the most powerful tool of the twentieth century, but is its influence properly harnessed? As physicists explore the fundamental nature of matter and molecular biologists uncover the very nature of life, many people feel threatened. Can human beings retain their dignity and freedom in the fact of such great powers for good or evil? This book examines the often-difficult relationship between scientists and those who govern them, and looks at the history of this relationship, where it stands today, and what needs to be done to ensure that science is used in the future for the greatest good of the greatest number.
