Browsing by Author "Demir, Ender"
Now showing items 1-15 of 15
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Are Fan Tokens Fan Tokens?
Demir, Ender; Ersan, Oguz; Popesko, Boris (Academic Press Inc Elsevier Science, 2022)Fan tokens, digital assets providing privileges including rewards and promotions as well as voting rights in polls, recently became highly popular among the football clubs and the (fan) investors. Fan tokens differ from ... -
Bank credit in uncertain times: Islamic vs. conventional banks
Bilgin, Mehmet Hüseyin; Danışman, Gamze Öztürk; Demir, Ender; Tarazi, Amine (Elsevier Ltd, 2020)This paper explores whether the impact of economic uncertainty on credit growth differs for Islamic vs. conventional banks. Using a sample of 416 banks (58 Islamic and 358 conventional) in 12 countries, the findings indicate ... -
Banking sector reactions to COVID-19: The role of bank-specific factors and government policy responses
Demir, Ender; Danisman, Gamze Ozturk (Elsevier, 2021)This paper examines the impact of bank-specific factors and variations in the context of stringency of government policy responses on bank stock returns because of the COVID-19 pandemic. A sample of 1,927 publicly listed ... -
Connectedness among fan tokens and stocks of football clubs
Ersan, Oguz; Demir, Ender; Assaf, Ata (Elsevier, 2022)This paper examines the dynamic connectedness among the fan tokens and their corresponding stocks using the TVP-VAR approach. We use daily data from December 11, 2020, to January 31, 2022, for the Juventus FC, AS Roma, ... -
Economic Policy Uncertainty And Bank Credit Growth: Evidence From European Banks
Danışman, Gamze Öztürk; Ersan, Oğuz; Demir, Ender (Elsevier B.V., 2020)Using a sample of 2977 private and listed banks in the EU-5 countries (the United Kingdom, Germany, Spain, Italy, France) for the years 2009–2018, this paper explores the impact of Economic Policy Uncertainty (EPU) on ... -
Economic uncertainty and bank stability: Conventional vs. Islamic banking
Bilgin, Mehmet Huseyin; Danisman, Gamze Ozturk; Demir, Ender; Tarazi, Amine (Elsevier Science Inc, 2021)In this paper, we explore whether economic uncertainty differently affects the default risk of Islamic and conventional banks. Using a sample of 568 banks from 20 countries between 2009 and 2018, we use the World Uncertainty ... -
The effect of European and global uncertainty on stock returns of travel and leisure companies
Ersan, Oğuz; Akron, Sagi; Demir, Ender (Sage Publications Ltd, 2019)This article aims to evaluate the impact of economic policy uncertainty (EPU) on the STOXX Europe 600 Travel & Leisure Price Index by utilizing a monthly data set for 20 years through 1997-2016. It is found that both the ... -
The Effect of Pandemics on Domestic Credit: A Cross-country Analysis
Danisman, Gamze Ozturk; Demir, Ender (Economics Bulletin, 2021)Using a panel of 140 countries covering the period 1996-2018, this paper examines how previous pandemics (such as SARS, MERS, Ebola, Swine flu, etc.) have influenced the lending behavior of banks. We take advantage of a ... -
ESG performance and dividend payout: A channel analysis
Bilyay-Erdogan, Seda; Danisman, Gamze Ozturk; Demir, Ender (Academic Press Inc Elsevier Science, 2023)This paper investigates the impact of environmental, social, and governance (ESG) performance on corporate dividend policy. We employ a panel data set comprised of 1094 non-financial listed firms in 21 European countries ... -
FINANCIAL RESILIENCE TO THE COVID-19 PANDEMIC: THE ROLE OF BANKING MARKET STRUCTURE
Danışman, Gamze Öztürk; Demir, Ender; Zaremba, Adam (ROUTLEDGE JOURNALS, 2021-03)This article examines whether differences in banking market structures across countries influence the local stock market resilience to the COVID-19 pandemic. Using a sample of 66 countries for the period January 2020 to ... -
The impact of economic uncertainty and geopolitical risks on bank credit
Demir, Ender; Danışman, Gamze Öztürk (Elsevier Inc., 2021)This paper compares the effects of economic uncertainty and geopolitical risks on bank credit growth. Using a sample of 2439 banks from 19 countries for the period of 2010–2019, our findings indicate that economic uncertainty ... -
Loan loss provisioning of US banks: Economic policy uncertainty and discretionary behavior
Öztürk Danışman, Gamze; Demir, Ender; Ozili, Peterson K. (Elsevier Inc, 2021)This paper examines the effect of economic policy uncertainty (EPU) on loan loss provisions (LLP). Using a sample of 6384 US banks and yearly data from 2009 to 2019 and addressing endogeneity (GMM and IV estimations), the ... -
Rental Price Convergence In A Developing Economy: New Evidence From Nonlinear Panel Unit Root Test
Bilgin, Mehmet Hüseyin; Lau, Chi Keung Marco; Demir, Ender; Astrauskiene, Nijole (Vilnius Gediminas Tech Univ, 2010)We examine the hypothesis of nonlinear rental price convergence using relative rental price index of three major cities of Turkey namely Istanbul Izmir and Ankara span from the period from January 1994 to February 2010. ... -
The Turkish handmade carpet industry: an analysis in comparison with select Asian countries
Bilgin, Mehmet Hüseyin; Demir, Ender; Lau, Marco Chi Keung; To, Chester Kin-Man; Zhang, Zhi-Ming (Taylor & Francis Ltd, 2011)The main purpose of this paper is to analyze the Turkish handmade carpet industry and to compare it with select Far East countries. In particular the Turkish handmade carpet industry is compared with the handmade carpet ... -
Where do tourism tokens travel to and from?
Aharon, David Y.; Demir, Ender; Ersan, Oguz (Routledge Journals, Taylor & Francis Ltd, 2023)This study aims to identify the sources of spillovers affecting tourism tokens and classify the type of assets to which they correspond. Using daily data for different asset classes from June 2018 through November 2022, ...