Browsing İktisat Bölümü / Department of Economics by Issue Date
Now showing items 1-20 of 74
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Which firms are more prone to stock market manipulation?
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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 ... -
Price Manipulation by Intermediaries
(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 ... -
Emek Gelirlerinin ve Eşitsizliğinin Türkiye İçin Bir Analizi: 2002-2011
(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 ... -
Happiness, Comparison Effects, and Expectations in Turkey
(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
(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 ... -
Down Payment Saving in the United States: Evidence from the Panel Study of Income Dynamics
(Wiley, 2016)We present a model of household saving toward a mortgage loan under an exogenous down payment requirement and preference for owning over renting. Our model explains a set of empirical observations such as the dual effect ...
