This study investigates the psychological and relational pathways through which Generation Z consumers' value consciousness fosters store loyalty toward private labels (PLs) in Turkey's hard-discount retail sector. Grounded in social exchange theory (SET), the study explores the dual mediating...

Patriarchal attitudes persistently constrain women's employment outcomes in Turkey. This study investigates individual-level determinants of preferences for employment patriarchy using the World Values Survey (WVS) Wave 7 data for the Turkish case. An ordered probit model is utilized to quantify...

The Turkish government’s declaration of 2025 as the “Year of the Family” reflects an increasingly authoritarian approach to managing demographic decline amid conditions of economic strain. Falling fertility rates are framed as a strategic challenge to national resilience, giving rise to a...

Since Russia launched its full-scale war of aggression against Ukraine in 2022, the European Union (EU) has pursued its enlargement policy as part of a geopolitical approach. According to the European Commission and candidate states, the EU could admit new members from 2028 onwards, while...

This study examines the asymmetric responses of stock market indices in Türkiye and Kazakhstan to oil price shocks during the 2010-2025 period. Using the Nonlinear Autoregressive Distributed Lag (NARDL) model, the study decomposes the nonlinear effects of oil price fluctuations on financial...

This study aims to identify and prioritize the key factors influencing export performance among Turkish exporters, based on the resource-based view (RBV) and industrial organization theory (IO), categorizing the factors as internal and external, and employing the Stepwise Weight Assessment Ratio...

Thirty years after establishing a customs union with the European Union (EU), Ankara sees growing economic risks in the EU’s free trade agreements with third countries, most recently India. While negotiations on the EU-India Free Trade Agreement were concluded at the end of January, and...

In this article, we examine labour market polarization dynamics in Türkiye. First, we use highly refined microdata to classify tasks - mainly abstract, routine and manual - to conduct analysis at the occupation-task level. Second, we find evidence for polarization driven by technological...

Since the 2024 Art. IV consultation, the authorities have aimed to balance disinflation with steady growth. Following a fiscal expansion in 2024, the deficit was reduced substantially in 2025 and, despite policy rate cuts, real interest rates remain high. Inflation (31 percent y/y in December)...

Inflation in Türkiye has been high since 2021. This paper investigates the sources of this inflation and the impact of mitigating exchange rate volatility. Two main findings emerge. First, there has been a significant divergence in inflation dynamics across CPI components since late 2021—in...

Purpose - The study investigates how the 2017 Gulf crisis reshaped Qatari-Turkish relations, transforming them from cordial cooperation into a robust strategic alliance. It examines the political, military, and economic implications of Turkey'ssupport for Qatar during the blockade, and how this...

This study investigates the effect of electricity consumption on air pollution in Türkiye at the provincial level through spatial analyses. Using SO2 and PM10 measurements as indicators of air pollution, this study incorporates income, population density, and electricity consumption as...

In the early 1980s, Turkey took steps towards financial liberalization. Accordingly, policymakers have implemented policies for the development of the financial system. Since then, developments in the banking sector have driven economic growth and met the private sector's demand for funds. The...

The changing geopolitical situation in the European region has actualized the issues of further EU enlargement. As a result, the relevance of studying many aspects of the functioning economic systems of candidate countries has increased. In this context, the purpose of this article is to...

The Special Issue analyzes the impact of taxes and transfers on poverty and inequality in the TCc. It shows that fiscal policy has only a limited impact on reducing inequality, but the system cannot reduce poverty. The Special Issue provides an initial step towards understanding the...

The recovery of the Turkish Cypriot (TC) economy in 2023 was stronger than expected, and GDP is estimated to have rebounded to its pre-pandemic level. Following a deep recession in 2020-the deepest in Europe and the history of the TC economy, and after a modest recovery in 2021, the TC economy...

The techno-geopolitical rivalry between China and the United States has intensified in recent years. Turkey's souring relations with the US over the past decade has prevented the former from reaping the spoils of the Sino-US tech war as an American ally. Ankara has its own ambitions in the...

On 8 December 2024, the Assad regime in Syria was overthrown by a rebel alliance led by Hay’at Tahrir al-Sham (HTS). The collapse of the family dictatorship was made possible by shifts in regional and international power dynamics. Key factors included Turkish support for the rebels, the...

On 8 December 2024, the Assad regime in Syria was overthrown by a rebel alliance led by Hay’at Tahrir al-Sham (HTS). The transitional government under Ahmad al-Sharaa now faces enormous economic, social and political challenges. It has yet to establish control over the country as a whole; and...

Examining the gradual information diffusion hypothesis of Hong et al. (2007)in an emerging market context, we show that industry returns possess predictive information regarding the direction of the aggregate stock market in Borsa Istanbul, both in- and out-of-sample, and that the predictive...

This study conducts a comprehensive analysis of the effects of changes in financial conditions on the economy of Türkiye, for which financial conditions indices were constructed. To examine possible changes in the relationship between financial conditions and the real economy due to the unique...

This study analyzes the dynamics of house prices across Istanbul's districts using a unique dataset of house prices and socioeconomic characteristics from 2010Q1 to 2022Q1. The log-t convergence test identifies four convergence clubs, with their formation beginning after 2015, highlighting the...

This study investigates the relationship between gold prices, agricultural commodity prices (rice, flour, bean, chickpea, lentil, and sugar), and Turkish stock markets. Using the Fourier Toda-Yamamoto causality test and wavelet coherency approach, we find that gold prices significantly influence...

This study investigates the presence of the MAX effect, as defined by Bali et al. (2011), in the stock market of Borsa Istanbul, aiming to validate and extend previous findings in international markets. A comprehensive analysis of 439 firms from December 2013 to November 2023 reveals that stocks...

How does international assistance impact public attitudes towards donors in the recipient country when tied to strategic interests? European leaders increasingly highlight the strategic and transactional nature of international assistance. Yet, we still do not know much about how such shifts in...

This study examines the evolution of sentiment in the sustainability reports of Turkish companies from 2014 to 2023, serving as an indicator of organisational change in response to shifting sustainability regulations. A longitudinal sample of corporate sustainability reports was subjected to...

Tackling an under-explored topic in the scientific literature, with high potential and of societal relevance, the paper aims at investigating the entrepreneurial intentions of Syrian refugees in Türkiye. Drawing from the experience of 50 interviewees, the research reveals a population with...

Russia's full-scale invasion of Ukraine marked the start of a prolonged confrontation between Moscow and Europe - one that is fundamentally reshaping the parameters of European security. The return of Donald Trump to the White House and his stated intent to quickly end the war in Ukraine and put...

Numerous studies have explored the possible causes of global carbon emissions and climate change; however, the impact of export diversification and concentration on these emissions is a less examined topic in literature. This study investigates the effects of export diversification and...

Purpose - This study investigates the impact of financial statements disclosed in accordance with the Turkish Tax Procedure Code (TPC) and International Financial Reporting Standards (IFRS) on stock prices at Borsa Istanbul. It aims to explore how each type of disclosure affects market reactions...

This study explores how Turkish Generation Z adapts their fashion consumption behaviours in response to economic crises, particularly focusing on involuntary anti-consumerism. Through a qualitative methodology using semi-structured interviews and purposive sampling, the research captures the...