Istanbul Journal of Economics-İstanbul İktisat Dergisi is an open access, peer-reviewed, scholarly journal published two times a year in June and December. It has been an official publication of Istanbul University Faculty of Economics since 1939. The manuscripts submitted for publication in the journal must be scientific and original work in Turkish or English.

Istanbul Journal of Economics-İstanbul İktisat Dergisi is one of the earliest peer-reviewed academic journals in Turkey in the area of Economics. The journal provides a forum for exploring issues in basicly Economics but also welcomes the articles in various social science areas such as sociology of economics, history, social policy, international relations, financial studies. The target group of the journal consists of academicians, researchers, professionals, students, related professional and academic bodies and institutions.

All expenses of the journal are covered by the Istanbul University. Processing and publication are free of charge with the journal. There is no article processing charges or submission fees for any submitted or accepted articles.


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The Inflation-unemployment trade-off shown by the Phillips curve being originally the product of an empirical study of A.W.H. Phillips in 1958, is accepted as one of the essential principles of economics. Today, there is a broad consensus among economists on the fact that there is not a long-term re...

Author/s : G. Emel AKKUŞ