Nevzat Simsek – Page 2

September 8, 2015

Transition To The Floating Exchange Rate System In Kazakhstan

As a result of low oil prices in the world markets, sanctions against Russia, depreciation of Russian ruble and devaluation in China, Kazakhstan has had to accept the floating exchange rate regime and to start implementation of a new monetary policy since August 20, 2015. Kazakhstan faced a low growth […]

March 24, 2015

Southern Gas Corridor: A New Step For The Eu’s Energy Supply

Turkey and Azerbaijan have been trying to implement the Southern Gas Corridor Project as an important project which aims to help the region resources to meet with the world market. By an implementation of this Project, Azerbaijan’s gas (from the Caspian Sea) will have the opportunity to reach Italy, Europe. […]

February 12, 2014

Long Run Evaluation of Crude Oil Prices: Structural Breaks, Long Memory or Nonlinearity?

Crude oil is such important energy type that forecasting its prices both in particular and in other types of energy prices in general over time has been widely discussed in the literature. Under the Hotelling modelling tradition, much of the controversy is linked to this choice of a stochastic process […]