TABLE OF CONTENTS -- FOREWORD V -- CURRICULUM VITAE VII --1) ALTERNATIVE FRAMEWORKS OF FINANCIAL-- LIBERALIZATION AND FINANCIAL REFORM IN TURKEY 1 -- 2) THEORIES OF FINANCIAL LIBERALIZATION -- A COMPARATIVE PERSPECTIVE 27 -- 3) STRATEGIC ISSUES IN EXCHANGE RATE LIBERALIZATION -- A CRITICAL EVALUATION OF THE TURKISH EXPERIENCE 63 -- 4) A CRITICAL EVALUATION OF EXCHANGE RATE POLICY IN -- TURKEY (With Merih Uctum) 89 -- 5) STRATEGIC ASPECTS OF EXCHANGE RATE POLICY IN A -- DEVELOPING COUNTRY (With Merih Uctum) 117 -- 6) MUTUAL FUNDS IN DEVELOPING CAPITAL MARKETS -- A CRITICAL EVALUATION OF TURKISH EXPERIENCE -- (WithScvil Kutay and I.Ozer Ertuna) 125 -- 7) PREDICTING CORPORATE BANKRUPTCY IN THE TURKISH -- ECONOMY DURING THE POST-LIBERALIZATION PERIOD -- (With Metin R.Ercan) 163 -- 8) INFLATION AND INTERNATIONAL STOCK PRICES -- (With Lewis D.Johnson) 179 -- 9) INFLATION FLOW-THROUGH AND STOCK PRICES -- (With Metin R. Ercan) 197 -- 10) AN EMPIRICAL INVESTIGATION OF THE PORTFOLIO -- APPROACH TO THE THEORY OF THE BANKING FIRM 211 -- 11) THE SCOPE FOR POLICY COORDINATION BETWEEN THE -- UNITED STATES AND EUROPE: IMPLICATIONS OF -- ASYMMETRIC LABOR MARKETS 229 -- 12) FISCAL POLICY COORDINATION BETWEEN THE UNITED -- STATES AND EUROPE : A LARGE PLAYER VERSUS A GROUP OF -- SMALL PLAYERS 245 -- 13) MACROECONOMIC INTERDEPENDENCE AND POLICY -- COORDINATION BETWEEN THE U.S. AND EUROPE - A -- GAME-THEORETICAL APPROACH 273.