Show simple item record

dc.contributor.authorEkşi, Ozan
dc.contributor.authorGurdal, Mehmet Y.
dc.contributor.authorOrman, Cuneyt
dc.date.accessioned2019-05-23T05:53:21Z
dc.date.available2019-05-23T05:53:21Z
dc.date.issued2017-11
dc.identifier.citationEksi, O., Gurdal, M. Y., & Orman, C. (2017). Fines versus prison for the issuance of bad checks: Evidence from a policy shift in Turkey. Journal of Economic Behavior & Organization, 143, 9-27.en_US
dc.identifier.issn0167-2681
dc.identifier.othernumber of pages 19
dc.identifier.urihttps://doi.org/10.1016/j.jebo.2017.09.004
dc.identifier.urihttp://hdl.handle.net/20.500.11851/1104
dc.description.abstractWe investigate whether the February 2012 amendments to the Check Law in Turkey that replaced imprisonment with administrative fines for issuing bad checks were a driver of the surge in bad checks since late 2011. As the change in the law was foreseen, we argue that check issuance behavior was altered before the new law became official. To capture this, we use the cumulative volume of internet search queries related to the upcoming legal change. We find that, unlike the case during the global financial crisis of 2008-09, the surge in bad checks occurring in 2011-12 cannot be accounted for by the state of the economic environment unless the effects of the February 2012 law change are also controlled for. We also provide evidence that economic agents adjust fairly rapidly to the legal change, which reverses the surge in bad checks within a year. Overall, our findings suggest that sanctions need not be harsh to deter non-violent offenses provided that appropriate institutional structures are in place. (C) 2017 Elsevier B.V. All rights reserved.en_US
dc.language.isoengen_US
dc.publisherElsevier Science Bven_US
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.subjectwhite-collar crimeen_US
dc.subjectbad checksen_US
dc.subjectdeterrenceen_US
dc.subjectchecksen_US
dc.subjectTurkeyen_US
dc.subjectdecriminalizationen_US
dc.titleFines versus prison for the issuance of bad checks: Evidence from a policy shift in Turkeyen_US
dc.typearticleen_US
dc.relation.journalJournal Of Economic Behavior & Organizationen_US
dc.contributor.departmentTOBB ETU, Faculty of Economics and Administrative Sciences, Department of Economicsen_US
dc.contributor.departmentTOBB ETÜ, İktisadi ve İdari Bilimler Fakültesi, İktisat Bölümütr_TR
dc.identifier.volume143
dc.identifier.startpage9
dc.identifier.endpage27
dc.relation.tubitakScientific and Technological Research Council of Turkey, TUBITAK [114K516]en_US
dc.contributor.orcidhttps://orcid.org/0000-0002-0167-8273
dc.identifier.wosWOS:000418970500002
dc.identifier.scopus2-s2.0-85033669556
dc.contributor.tobbetuauthorEkşi, Ozan
dc.identifier.doi10.1016/j.jebo.2017.09.004
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıtr_TR


Files in this item

FilesSizeFormatView

There are no files associated with this item.

This item appears in the following Collection(s)

Show simple item record