This dissertation explores the role of efficiency of redistributive institutions (ERI)on redistribution. The first substantive essay proposes a theoretical model to explain thelack of strong empirical evidence in favor of a positive relationship between incomeinequality and redistribution. This...

Novel coronavirus (COVID- 19) is not only a public health threat, but it is also a serious economic threat to the whole world. This article is to analyze economic impact of COVID-19 upon Chinese economy. COVID-19 has plunged the world into deepest recession with unprecedented levels of poverty,...

Bitcoin, as the first decentralized cryptocurrency, pioneers the cryptocurrency markets, both in terms of market capitalization and scientific interest. In this paper, we performed a comprehensive bibliometric study of the Bitcoin-related literature. Using the Scopus database, we created a...

In this paper, we attempt to explore the extent to which the hard won development gains over the last several years could be reversed due to the unfolding COVID-19 global pandemic, how we can reboot the global response to accelerate the SDGs in times of uncertainties, and most importantly how to...

Purpose: This study aims to investigate the effect of fear sentiment with a novel data set on Bitcoin’s (BTC) return, volatility and transaction volume. The authors divide the sample into two subperiods to capture the changing dynamics during the COVID-19 pandemic....

This paper analyzes the current state of research in macroeconomics in the light of first year macroeconomics courses offered in the 16 leading Ph.D programs. Our investigation confirms that methodological and ideological differences of 1970’s and 80’s are about to disappear as...

This paper attempts to delineate the evolution of the Turkish banking sector in the post-crisis era after 2001. The paper summarizes the events in the Turkish banking sector until the 2001 crisis. After that, a section focuses on the major regulatory changes. A detailed account of the...

The global crisis of 2008-09 resulted in major reverberations in virtually every financial market around the world. The Turkish financial sector has been among the very few global financial markets which passed global financial crisis turmoil without major damage and succeeded to recover quickly...

The Eurozone debt crisis is an ongoing financial crisis that has made it difficult or impossible for some countries in the euro area to rollover their government debt without the help of third parties. The reasons for the Eurozone debt crisis can be summarized in three groups: (i) Errors on the...

The last decade witnessed an unprecedented economic growth in Emerging Market Economies (EMEs). EMEs have also been the main drivers of growth in the recovery following the global financial crisis. Nevertheless, EMEs continue to face a number of institutional and structural challenges that may...