Turkish Abstract: Türkiye'de çoğunluk hissesi satın alınan halka açık hedef şirketlerin ciddi bir kısmı satın alındıktan sonra faaliyetlerine halka açık olarak devam etmekte ve finansal raporlarını kamuyla paylaşmayı sürdürmektedirler. Bu durum, Türk hedef şirketlerin...

The studies reveal that the welfare programs have disincentive effects on the labor supply decision of individuals. Therefore, recently, they have been reformed in developing and developed countries. In the last decade, increasing share of unilateral state transfers in total household income and...

This paper reviews the topic of calculating the capital input for a country, and calculates it for Turkey for the 1987-2013 period. The Turkish stock of machinery and equipment (henceforth equipment) is estimated roughly at around half of GDP in terms of value, while the stock of structures...

Yeryüzü’nün ekolojik sisteminde iklim değişikliği nedeni ile ortaya çıkan değişmeler ile tarımsal ürün talebindeki artışların neden olduğu olumsuz etkiler hem Türkiye’de hem de Dünya’da tarım ürünleri piyasalarında dengesizlik eğilimlerini artırmıştır. Bu...

We explore the impact of changes in market conditions on optimal allocation decisions and revenues, within the standard two-class revenue management framework, using stochastic dominance relations. We show that an increase in market size leads to higher revenues, and the number of units...

This paper contains a quantitative assessment of the innovative social security pension reforms in Northern Cyprus that were introduced in 2008 and later refined in 2012.A set of estimations are carried out to determine whether the reforms were sufficient to make the system self-financing. The...

This paper investigates equity return exposure to various macroeconomic factors and the performance of factor betas in predicting the cross-sectional variation in stock returns. We utilize a two-step procedure to directly test the implications of the Arbitrage Pricing Theory. First, we calculate...

This article examines the relationship between crude oil and fuel prices in Turkey by using monthly data covering the period January 1987 and October 2013. Asymmetric cointegration tests and regime-dependent responses and variance decompositions derived from the TVAR models confirm the asymmetry...

This article addresses the recent beef price increases in Turkey where spikes occurred due to the impact of low milk prices that led to the liquidation of dairy herds, and suppliers’ and retailers’ market power behavior. In this research, we empirically investigate these issues by...

Bu çalışmada, Türkiye ekonomisinde sanayi sektörünün gelişimi ve sanayi politikaları uzun dönemli bir perspektif ile incelenmiştir. Türkiye ekonomisinde imalat sanayi, ekonominin dışa açılma sürecinde üretim, üretkenlik ve istihdamın şekillenmesinde odak noktası olagelmiş,...