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Energy consumption-GDP nexus: heterogeneous panel causality analysis
(Elsevier Science Bv, 2012)
Existing studies examining the Granger causality relationship between energy consumption and GDP use a panel of countries but implicitly assume that the panels are homogeneous. This paper extends the Granger causality ...
The Personality and Leadership Style of Recep Tayyip Erdogan: Implications for Turkish Foreign Policy
(Routledge Journals Taylor & Francis Ltd, 2011)
Recep Tayyip Erdog. an is clearly the most controversial figure in recent Turkish political history. His preponderance in political life is remarkable even by Turkish standards. Because Erdog. an is so powerful and has ...
On (mis-)perception of probabilities in first-price sealed-bid auctions
(Economics Bulletin, 2019)
We study a two-stage probability weighting model [see Tversky and Fox 1995] in a first-price sealed-bid auction. We present the unique symmetric equilibrium and provide some experimental support for our model.
Does migration contribute to women's empowerment? Portrait of urban Turkey and Istanbul
(Routledge Journals Taylor & Francis Ltd, 2019)
This article empirically investigates the impact of internal migration on women's empowerment in urban areas of Turkey. Based on data from a nationally representative household survey we find that migration exerts a positive ...
Capitalism Crisis and Class: The United States Economy after the 2008 Financial Crisis
(Sage Publications Inc, 2014)
The literature on the outcomes of the financial crisis in low- and middle-income countries in the post-1980 era presents three broad findings: first the burden of crises falls disproportionately on labor in general and ...
Capital Flows and Credit Expansions in Turkey
(Sage Publications Inc, 2014)
Literature on capital flows identifies various channels through which capital inflows could create financial fragility and economic instability in developing and emerging economies. Domestic credit expansion is one such ...
Macroeconomic and institutional determinants of financialisation of non-financial firms: Case study of Turkey
(Oxford University Press, 2014)
We observe that industrial firms in Turkey have shifted substantial amounts of working capital from production activities to the purchase of high-yield interest-bearing assets most notably public bonds to ensure immediate ...
Cumulative prospect theory preferences in rent-seeking contests
(Elsevier Science, 2018)
We investigate the equilibrium behavior for agents with cumulative prospect theory preferences in rent-seeking contests. Characterizing the equilibrium effort levels we present results on the existence of equilibrium and ...
Is It Merely a Labor Supply Shock? Impacts of Syrian Migrants on Local Economies in Turkey
(Sage Publications, 2021)
The authors use the occurrence of a large and geographically varying inflow of more than 2.5 million Syrian migrants to Turkey between 2012 and 2015 to study the effect of migration on local economies. They do not find ...
Overcoming the Egyptian cotton crisis in the interwar period: the role of irrigation, drainage, new seeds, and access to credit
(Blackwell Publishing, 2021)
After experiencing a period of spectacular growth during the late nineteenth century, the Egyptian cotton sector underwent a phase of stagnation, which was followed by a gradual and steady increase in output during the ...