Browsing by Keywords "Economics"
Now showing items 1-20 of 37
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Are stock prices too volatile to be justified by the dividend discount model?
(Elsevier, 2007)This study investigates excess stock price volatility using the variance bound framework of LeRoy and Porter [The present-value relation: tests based on implied variance bounds, Econometrica 49 (1981) 555-574] and of Shiller ... -
Bir gürcü köyü Hayriye'nin tarihsel değişimi ve gelişimi
(Bilkent University, 2021)Bursa, İnegöl'de bir Gürcü köyü olan Hayriye köyünün toplumsal tarihinin incelendiği bu çalışmada, mevzubahis köyün kuruluşu, kültürü, toplumsal yapısı, siyasi ve sosyal olaylardan etkilenerek bugünlere gelişi incelenmektedir. ... -
The common and uncommon political economies of water and oil ‘wars’
(Frank Cass Publishers, 2003)This article compares the political economies of water and oil conflicts. It suggests that the ‘common pool resource’ (CPR) framework only partially explains the prototypically ‘upstream-downstream’ disputes over flowing ... -
Commonsense aspects of buying and selling
(Taylor & Francis Inc., 1996)We describe an experimental approach toward implementing a commonsense "microtheory" for buying and selling. Our prototype system characterizes how intelligent agents hold items and money, how they buy and sell items, and ... -
Demir Ailesinin 1971 yılında Bulgaristan'dan Türkiye'ye göçü
(Bilkent University, 2020)Bu çalışmada Demir ailesinin 1971 yılında Bulgaristan'dan Türkiye'ye yaptığı göçün nedenleri ve sonrasındaki sürecin ailenin yaşantısına etkileri, dönemin Bulgaristan hükümetinin azınlıkta olan Türklere karşı uyguladığı ... -
Discrete-time pricing and optimal exercise of American perpetual warrants in the geometric random walk model
(2013)An American option (or, warrant) is the right, but not the obligation, to purchase or sell an underlying equity at any time up to a predetermined expiration date for a predetermined amount. A perpetual American option ... -
Effects of growth volatility on economic performance-empirical evidence from Turkey
(Elsevier BV, 2012)This paper examines the relationship between growth and growth volatility for a small open economy with high growth volatility: Turkey. Quarterly data for the period from 1987Q1 to 2007Q3 suggests that growth volatility ... -
Effects of monetary policy on the long memory in interest rates: Evidence from an emerging market
(Elsevier, 2013)We study the presence of long memory in a variety of interest rates in Turkey by time-varying generalized Hurst exponent. We reveal that adopting inflation targeting cause a sudden and considerable decrease in the long ... -
Efficiency of the Turkish stock exchange with respect to monetary variables: a cointegration analysis
(Elsevier BV, 1996)In this study, we test the semistrong form of the efficient market hypothesis in Turkey by using the recently developed techniques in time series econometrics, namely unit roots and cointegration. The long run relationship ... -
An Elasticity Approach to the Newsvendor with Price Sensitive Demand
(INFORMS, 2011-04)We introduce a measure of elasticity of stochastic demand, called the elasticity of the lost-sales rate, which offers a unifying perspective on the well-known newsvendor with pricing problem. This new concept provides a ... -
Environment Kuznets curve for CO2 emissions: a cointegration analysis for China
(Elsevier Ltd, 2009)This study examines the long-run relationship between carbon emissions and energy consumption, income and foreign trade in the case of China by employing time series data of 1975-2005. In particular the study aims at testing ... -
Football and exchange rates: empirical support for behavioral economics
(Sage Publications, Inc., 2007)Recently, economic theory has been expanded to incorporate emotions, which have been assumed to play an important role in financial decisions. The present study illustrates this by showing a connection between the sports ... -
Free parking for all in shopping malls
(Wiley-Blackwell Publishing, 2014)We show why a mall provides parking for free and embed the parking costs in the prices of the goods. Essentially, charging a parking fee to risk-averse customers means penalizing them for not finding their desired good. ... -
The impact of regime-type on health: does redistribution explain everything?
(Cambridge University Press, 2011-09-22)Many scholars claim that democracy improves population health. The prevailing explanation for this is that democratic regimes distribute health-promoting resources more widely than autocratic regimes. The central contention ... -
Inflation and growth: Positive or negative relationship?
(A N S I Network, 2008)This study has been motivated by two developments. Firstly, by the vast literature on the relationship between inflation and growth which is abundantly endowed with diverse theoretical explanations and contradictory evidence ... -
Investments viewed as growth processes
(Taylor & Francis, 1995)For modeling investment decision situations, we present a mathematical basis that views the cash flow sequences as growth processes. We first emphasize the pedagogical value of the basic model by showing that all traditionally ... -
Literature, economics, and a turn to content
(Duke University Press, 2021-05)In much of the recent scholarship on economics and literature, the depth of insight is inversely proportional to the status claimed for literature as such. For example, Gary Saul Morson and Morton Schapiro’s Cents and ... -
News releases and stock market volatility: intraday evidence from borsa Istanbul
(Elsevier Inc., 2015)In this study, we investigate the effect of public information arrival on return volatility for Borsa Istanbul (BIST) using intraday, 60-min returns between October 3, 2013 and March 31, 2014. Stock return and return ...