Purpose: This paper aims to present the theoretical and conceptual framework of a new method in public finance called 'participation based tax increment financing (P-TIF)' by combining conventional tax increment financing (TIF) within the Sharīʿah-compliance structure....

Purpose This paper aims to present the theoretical and conceptual framework of a new method in public finance called "participation based tax increment financing (P-TIF)" by combining conventional tax increment financing (TIF) within the Sharīʿah-compliance structure....

Tax increment financing (TIF) is one of public financing practices in which future tax revenues of the designated district or any license is sold or assigned to a third party, in exchange for a cash payment. TIF is mostly used by local governments/municipalities to combat fiscal constraints and...

Following the last global financial crisis, efficiencies of stock markets have come to sight as a novel area of research. The question of what factors shape the efficiency of the stock market is naturally always of a curiosity in theory and practice. In line with the framework of this curiosity,...

Since the 2007 financial crisis, the mortgage market has been renovating its tools and instruments in order to avoid a new crisis. One such innovative instrument is the participating mortgage, in which the lender gains part of the net operating income and/or future appreciation. In this paper,...

The aim of this paper is to explore the relationship between trading behaviors of individual investors and their previous day portfolio return. We try to find which one of the following two contradicting biases dominates the investor behavior: Namely, overconfidence and disposition effect. In...

Conditions of beating the market is always top of the interests of investors throughout the history. In this study we aim to find who beats the market using a special trade and portfolio data from a stock exchange namely Borsa Ýstanbul. To do so, we define the market beating conditions by using...

This paper models the demand and supply sides of the housing market separately. In the empirical analysis, the vector error correction model (VECM) is preferred to identify the impacts of fundamental macroeconomic factors on the demand and supply sides of the Turkish housing market between the...

The correlation in time series has received considerable attention in literature. Its use has attained an important role in the social sciences and finance. For example, pair trading in finance is concerned with the correlation between stock prices, returns, etc. In general, Pearson's...