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Although productivity and rationalism are very important, the consumption that has occured as a result of serving the needs is unavoidable. Novadays, consumption is not only for serving the needs, society has become a consumption society. An individual finds pleasure and enjoys by consumption, beyond the product's functions and benefits; the individual is focused on living its dream and fantasy with the hope of its symbolic meanings, esthetic values, dimention of emotion and pleasure.They do it not only it's needed but also to have an enjoyment and they believe that the more consumption the more pleasure and happiness and they take part in the culture of consumption which is called hedonic consumption. By being given priority to the pleasure of materials, it creates individuals who follow new, different and fashionable products. The negative effects which reveal the addiction of individual's consumption, continue the dimension of social and ecological by incresing. As a result of literature search, although the social effects of hedonic consumption is located in some of the books, an article about it hasn't been found yet. By this paper which has been prepared to fill the emptiness, we're going to mention the revealing of the society of consumption which widespreads the hedonic consumption, the features of the culture of this society and hedonic consumption's social effects after the explaination of social expectation. [ABSTRACT FROM AUTHOR]

In this study, the relationship between capacity utilization rate and inflation rate is investigated for Turkey by using both OLS and Kalman filter analysis. The data used in this study are monthly and cover the periods of 1991-2006 and 2007-2012. Supply shocks are added to the model by following McElhattan (1985). In this paper, the non-accelerating inflation rate of capacity utilization is estimated for Turkey. According to findings, this rate takes values between 76-79 % on average. In addition, supply shocks do not adversely affect the positive relationship between capacity utilization rate and inflation rate. [ABSTRACT FROM AUTHOR]

Canonical correlation analysis is a multivariate statistical technique that can be used to determine the relationship between two multiple variable sets. In the first part of this paper which applied the canonical correlation analysis, theoretical explanation of the usage of canonical correlation analysis is exposed. Then, in the second part of the study, the application of canonical correlation analysis is exposed for some social and economic indicators of 54 countries that are the members of the African Union. By using canonical correlation analysis, it is seen that there is a meaningful relation between the two variable sets. [ABSTRACT FROM AUTHOR]

"Sustainable competitive advantage (SCA)" concept is perhaps the most widely used concept in strategic management field. On the other hand, attempts to describe it clearly have been very limited. Thus, what exactly sustainability means is not clear. In this study, for the purpose of making SCA concept clear; definition of SCA concept, relationships between SCA and long term superior financal performance, sources of SCA according to different authors, and the place SCA has in economics have been examined by reviewing the literature. Thus, the aim of this paper is to enrich understanding of SCA concep,which will help managers in their search for SCA efforts. [ABSTRACT FROM AUTHOR]

This paper aims to analyse the cyclical behaviour of fixed investments in Turkey and then construct a composite leading indicators index to forecast the turning points of investment. The cycles of investment and selected leading indicators are identified following the growth cycle approach. The series are detrended using the Hodrick-Prescott detrending filter. After identification of the cycles and turning points of the selected leading indicators, they are combined into a single composite index. Then a probit model is estimated to evaluate the forecast performance of the composite index. The results show that the constructed CLI is considered to be helpful in monitoring and predicting investment expenditures. [ABSTRACT FROM AUTHOR]

This paper aims to analyse the cyclical behaviour of fixed investments in Turkey and then construct a composite leading indicators index to forecast the turning points of investment. The cycles of investment and selected leading indicators are identified following the growth cycle approach. The series are detrended using the Hodrick-Prescott detrending filter. After identification of the cycles and turning points of the selected leading indicators, they are combined into a single composite index. Then a probit model is estimated to evaluate the forecast performance of the composite index. The results show that the constructed CLI is considered to be helpful in monitoring and predicting investment expenditures. [ABSTRACT FROM AUTHOR]