Browsing Economics by Title
Now showing items 18-37 of 39
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Financial development convergence
(Elsevier, 2015-07)We show that credit levels relative to GDP and other measures for financial development tend to converge across countries over time. The results are obtained using a broad sample of countries over many years and controlling ... -
Firm boundaries, incentives, and fund performance: Evidence from a private pension fund system
(Elsevier, 2020-06)The private pension fund system in Turkey presents a unique institutional structure where bank holding companies can own both private pension companies and asset management firms. More often than not, pension companies ... -
Hierarchical modeling of choice concentration of US households
(Wiley, 2014)This chapter contains sections titled: Introduction Data Description Measures of Choice Concentration Methodology Results Interpreting θ Decomposing the Effects of Time, Number of Decisions and Concentration Preference Conclusion. -
Independent vs. coordinated fundraising: Understanding the role of information
(Elsevier, 2020-08)We use "real donation" laboratory experiments to compare independent fundraising, where donation requests from different charities arrive sequentially to potential donors, with coordinated fundraising, where donation ... -
Intergenerational mobility and the effects of parental education, time investment, and income on children’s educational attainment
(Federal Reserve Bank of St. Louis Review, 2018-07-15)This article analyzes the mechanisms through which parents’ and children’s education are linked. It estimates the causal effect of parental education, parental time with children, and parental income during early childhood ... -
Islamic capitalism and the rise of religious-conservative big business
(Taylor & Francis, 2020)This chapter argues that the rise of “Islamic capitalism” and the country’s so-called “conservative bourgeoisie” owes much to the pragmatism and agility of Islamic actors who are quick to seize upon new economic and political ... -
A new estimation technique of sovereign default risk
(Elsevier, 2016-12-27)Using the fixed-point theorem, sovereign default models are solved by numerical value function iteration and calibration methods, which due to their computational constraints, greatly limits the models' quantitative ... -
On efficient computation of equilibrium under social coalition structures
In game-theoretic settings the key notion of analysis is an equilibrium, which is a profile of agent strategies such that no viable coalition of agents can improve upon their coalitional welfare by jointly changing their ... -
Optimal peer-to-peer network for streaming multimedia broadcast
(Elsevier, 2020-11)This study identifies optimal transmission mechanisms for a streaming video service in a peer-to-peer network structure as a function of the number of active peers, a common service value, a common discount factor, and ... -
Performance of inflation targeting in retrospect
(Springer International Publishing, 2016)Both inflation and inflation expectations declined considerably in the inflation targeting countries during the past two decades. The questions of whether this decline has actually been an outcome of inflation targeting ... -
A picture's worth a thousand numbers
(Harvard Business Publishing, 2013-06)The article examines research on the subject of humans' difficulty in understanding probability and the value of graphic representations in improving that understanding. Topics include research by "Harvard Business Review" ... -
The productivity gap: Monetary policy, the subprime boom, and the post-2001 productivity surge
(Elsevier, 2015-03)It is widely believed that, in the wake of the dot.com crash, the Fed kept the federal funds target rate too low for too long, inadvertently contributing to the subprime boom. We attribute this and other Fed departures ... -
Random mechanisms for house allocation with existing tenants
(Elsevier, 2020-08)We study the house allocation problem with existing tenants: n houses (stand for "indivisible objects") are to be allocated to n agents; each agent needs exactly one house and has strict preferences; k houses are initially ... -
Reclaim-proof allocation of indivisible objects
(Elsevier, 2013-09)We study desirability axioms imposed on allocations in indivisible object allocation problems. The existing axioms in the literature are various conditions of robustness to blocking coalitions with respect to agentsʼ ex ... -
The reset inflation puzzle and the heterogeneity in price stickiness
(Elsevier, 2015-11)New Keynesian models have been criticised on the grounds that they require implausibly large price shocks to explain inflation. Bils et al. (2012) show that, while these shocks are needed to reduce the excessive inflation ... -
The role of real estate and gold as inflation hedges: the Islamic influence
(Emerald Publishing Limited, 2020)Purpose This paper aims to understand how aversion to interest income in Islam may influence the demand for real estate and gold when inflation is rampant. Design/methodology/approach According to Markowitz's ... -
Role of strategic interactions in corporate sustainability decisions: an empirical investigation
(Turkish Economic Association, 2017-01-01)There is a large amount of empirical literature on the relationship between corporate sustainability and corporate financial performance. However, the literature considers company-specific aspects affecting the link but ... -
Sustainable development from millennium 2015 to sustainable development goals 2030
(Wiley, 2019-07)In modern economies, the advancement of well‐being of the citizens should be in an inclusive and sustainable way. In this respect, the sustainable welfare targets should exclusively include three main pillars: economic ... -
A theory of iterative choice in lists
(Elsevier, 2014-08)In a list, alternatives appear according to an order and the decision maker follows this order to evaluate alternatives. He records the first alternative as the initial survivor and then at every stage, he compares the ... -
The Turkish appetite for gold: An Islamic explanation
(Elsevier, 2016-06)A significant constituent of household wealth in Turkey is gold. Families accumulate gold especially on a variety of cultural occasions such as female-only gold days, circumcision feasts, and engagement and wedding ceremonies. ...
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