Browsing İktisat Bölümü / Department of Economics by Issue Date

Now showing items 1-20 of 77

    • Which firms are more prone to stock market manipulation? 

      Taş, Bedri Kamil Onur; Imisiker, Serkan (Elsevier Science Bv, 2013-09)
      This study empirically investigates which firms are more susceptible to successful manipulation. For this purpose, a unique data set consisting of manipulation cases from 1998 to 2006 from the Istanbul Stock Exchange (ISE) ...

    • Duration of Fixed Exchange Rate Regimes in Emerging Economies 

      Tamgaç, Ünay (Elsevier Sci Ltd, 2013-10)
      This paper examines the duration of fixed exchange rate regimes and investigates whether there is a certain pattern of time dependence in the survival rate of pegged exchange rate regimes for emerging economies. We query ...

    • The Optimality of Team Contracts 

      Barlo, Mehmet; Özdoğan Atabay, Ayça (MDPI, 2013-11)
      This paper analyzes optimal contracts in a linear hidden-action model with normally distributed returns possessing two moments that are governed jointly by two agents who have negative exponential utilities. They can observe ...

    • Effect of Inflation Targeting on Inflation Uncertainty: A SWARCH Analysis 

      Taş, Bedri Kamil Onur; Ertuğrul, Hasan Murat (Wiley-Blackwell, 2013-12)
      We analyse the success of inflation targeting (IT) in decreasing inflation volatility by investigating inflation variance before and after IT. We contribute to the literature by implementing Markov?Switching AutoRegressive ...

    • Financial deepening and economic growth in gulf cooperation council countries 

      Hamdi, Helmi; Sbia, Rashid; Taş, Bedri Kamil Onur (Routledge, 2014)
      The goal of this study is to investigate the causal relationship between financial development and economic growth in Gulf Cooperation Council (GCC) countries, i.e. Bahrain, Oman, Kuwait, Qatar, United Arab Emirates and ...

    • Keep your Word: Time-varying Inflation Targets and Inflation Targeting Performance 

      Taş, Bedri Kamil Onur; Demir, Ishak (Wiley-Blackwell, 2014-03)
      This paper investigates the implicit inflation targets of inflation targeting (IT) central banks (CBs). The implicit (perceived) inflation targets of IT CBs derived from their actions (policy interest rates) are calculated ...

    • How Can Recessions Be Brought To An End? Effects Of Macroeconomic Policy Actions On Durations Of Recessions 

      Taş, Bedri Kamil Onur; Cunedioglu, Huseyin Ekrem (Univ Cema, 2014-05)
      This paper analyzes how effective macroeconomic policy actions are in ending recessions. We also investigate which structural factors help the country to experience shorter recessions. We implement survival regression ...

    • Truth-telling and trust in sender-receiver games with intervention: an experimental study 

      Gurdal, Mehmet Y.; Özdoğan Atabay, Ayça; Sağlam, İsmail (Springer Heidelberg, 2014-06)
      Recent experimental studies find excessive truth-telling in sender-receiver games. We show that this phenomenon is robust to the random intervention of a truthful regulator. In addition, intervention significantly increases ...

    • Optimality of linearity with collusion and renegotiation 

      Barlo, Mehmet; Özdoğan Atabay, Ayça (Elsevier Science Bv, 2014-09)
      This study analyzes a continuous-time N-agent Brownian moral hazard model with constant absolute risk aversion (CARA) utilities, in which agents' actions jointly determine the mean and variance of the outcome process. In ...

    • Disappearance of reputations in two-sided incomplete-information games 

      Özdoğan Atabay, Ayça (Academic Press Inc Elsevier Science, 2014-11)
      This paper examines the sustainability of reputations in a class of games with imperfect public monitoring and two long-lived players, both of whom have private information about their own type and uncertainty over the ...

    • Efectos de la dolarización oficial en una pequeña economía abierta: El caso de Ecuador 

      Taş, Bedri Kamil Onur; Togay, Selahattin (Univ Nacional Autonoma Mexico, Inst Geografia, 2014-12)
      El presente artículo investiga los efectos de la dolarización en el desempeño macroeconómico de una pequeña economía abierta, la de Ecuador, empleando para ello un análisis de series de tiempo. Específicamente, exploramos ...

    • Social interactions in voting behavior: distinguishing between strategic voting and the bandwagon effect 

      Evrenk, Haldun; Sher, Chien Yuan (Kluwer Academic Publishers, 2015-01)
      Prior studies of strategic voting in multi-party elections potentially overestimate the extent of it by counting erroneously votes cast under different motivations as strategic votes. We propose a method that corrects some ...

    • How effective are energy efficiency and renewable energy in curbing CO2 emissions in the long run? A heterogeneous panel data analysis 

      Ozbugday, Fatih Cemil; Çelikkol Erbaş, Bahar (Pergamon-Elsevier Science Ltd, 2015-03)
      Energy efficiency and renewable energy are considered to be two indispensable solutions to control GHG (greenhouse gas) emissions. Moreover, industrialization is at the center of discussions on the roles of countries to ...

    • Modules and transactions: Building blocks for a theory of software engineering 

      Erbas, Cengiz; Çelikkol Erbaş, Bahar (Elsevier Science Bv, 2015-04)
      This article leverages the findings of the transaction cost economics field, and proposes a simple theory and associated vocabulary to serve as a foundation for a unified theory of software engineering. The theory characterizes ...

    • 2000’li yıllarda Türkiye ekonomisi 

      Özatay, Fatih (Bilgesel Yayıncılık, 2015-05)
      In the current study written for the special issue for the honor of the 30th anniversary of İktisat İşletme ve Finans, I ask four fundamental questions regarding the Turkish economy in the 2000s and provide some short ...

    • Emek Gelirlerinin ve Eşitsizliğinin Türkiye İçin Bir Analizi: 2002-2011 

      Ekşi, Ozan; Kırdar, Murat Güray (Bilgesel Yayıncılık, 2015-08)
      This study documents the evolution of hourly wages and annual labor earnings, as well as the inequality in these measures, in Turkey between 2002 and 2011. The findings indicate that in this period the median hourly wages ...

    • Price Manipulation by Intermediaries 

      Imisiker, Serkan; Ozcan, Rasim; Taş, Bedri Kamil Onur (Routledge Journals, Taylor & Francis Ltd, 2015-08)
      In this study, we investigate two main research questions using unique individual trade level data from the Istanbul Stock Exchange (ISE; renamed Borsa Istanbul in January 2013): (1) Do brokers conduct manipulative trades ...

    • Happiness, Comparison Effects, and Expectations in Turkey 

      Caner, Asena (Springer, 2015-10)
      It is crucial to know the factors that influence happiness. This study investigates the determinants of happiness with an emphasis on comparison effects (income relative to others' income or relative to the own income in ...

    • Endogenous markups in the new Keynesian model: Implications for inflation-output trade-off and welfare 

      Ekşi, Ozan (Elsevier Science Bv, 2015-12)
      This paper extends the standard new Keynesian (NK) model by using the endogenous markup setting a la Kimball (1995). In this setting, consumers' price elasticity of demand for a good is increasing in the good's relative ...

    • Does Public E-Procurement Deliver What It Promises? Empirical Evidence from Turkey 

      Gurakar, Esra Ceviker; Taş, Bedri Kamil Onur (Routledge Journals, Taylor & Francis Ltd, 2016)
      This article empirically investigates the economic effects of public e-procurement (PEP) adoption. We use a unique data set provided by the Public Procurement Authority of Turkey that covers all government procurement ...