Faculty of Economics, Administrative And Social Sciences
Recent Submissions
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Future of Turkey in the European Union
(Elsevier, 2005-05)Turkey’s future in the European Union (EU) is a subject of intense debate both in Europe and in Turkey today. Although Turkey first applied to join the EU 45 years ago, it is the only candidate country, which has not yet ... -
Effect of contiguity and figure-ground organization on the area rule of lightness
(Association for Research in Vision and Ophthalmology, 2014)In a simple two-dimensional (2D) display composed of two uniform surfaces with different luminances, the lightness of the darker surface varies as a function of its relative area while its luminance is held constant ... -
Saudi influence on islamic institutions in Turkey beginning in the 1970s
(Middle East Institute, 2012-12-01)This article investigates the influence of Saudi Arabia on aspects of Islamic social, political, and economic life in Turkey. Since the 1970s, long before the rise of the Justice and Development Party (AKP) of today, ... -
Learning by imitation
(Elsevier, 1999-09)This paper introduces a learning algorithm that allows for imitation in recursive dynamic games. The Kiyotaki-Wright model of money is a well-known example of such decision environments. In this context, learning by ... -
Balancing Supply and Demand Under Bilateral Constraints
(Wiley, 2012)In a moneyless market, a nondisposable homogeneous commodity is reallocated between agents with single-peaked preferences. Agents are either suppliers or demanders. Transfers between a supplier and a demander are feasible ... -
The Conflict Resolution and Counterterrorism Dilemma: Turkey Faces its Kurdish Question
(Taylor & Francis, 2011)This article considers the relationship between two processes-conflict resolution and counterterrorism-which conceptually share many common points, yet in practice do not necessarily proceed together easily towards a common ... -
Macroeconomic Impact of Bank Regulation and Supervision: A cross-country investigation
(Taylor & Francis, 2014)Bank regulation and supervision (RS) is a formal institutional mechanism that aims to reduce the adverse selection and moral hazard risks in the banking sector. This paper offers an empirical exploration of the relationship ... -
Future of Turkey-EU Relations: A Civilisational Discourse
(Elsevier, 2005-05)Should or can Turkey join the European Union (EU)? This paper argues that there are three alternative scenarios of the EU decision to grant membership to Turkey: ‘privileged relationship offer,’ ‘wait and see attitude,’ ... -
Optimal timing of regime switching in optimal growth models: A Sobolev space approach
(Elsevier, 2011-03)This paper analyses the optimal timing of switching between alternative and consecutive regimes in optimal growth models. We derive the appropriate necessary conditions for such problems by means of standard techniques ... -
Effects of skewness and kurtosis on model selection criteria
(Elsevier, 1998-04-01)We consider the behavior of model selection criteria in AR models where the error terms are not normal by varying skewness and kurtosis. The probability of estimating the true lag order for varying degrees of freedom (k) ... -
Strategic interaction and dynamics under endogenous time preference
(Elsevier, 2013-08)This paper presents a strategic growth model with endogenous time preference. Due to the potential lack of concavity and the differentiability of the value functions associated with each agent’s problem, we employ the ... -
Maskin-Monotonic Scoring Rules
(Springer Verlag, 2015)We characterize which scoring rules are Maskin-monotonic for each social choice problem as a function of the number of agents and the number of alternatives. We show that a scoring rule is Maskin-monotonic if and only if ... -
Economic growth, trade and environmental quality in a two-region world economy
(2006-08)This paper examines the linkages between international trade, environmental degradation, and economic growth, in a dynamic North-South trade game. The North produces manufactured goods by employing capital, labor, and a ... -
The TIPS Yield Curve and Inflation Compensation
(American Economic Association, 2010-01)For over ten years, the Treasury has issued index-linked debt. This paper describes the methodology for fitting a smoothed yield curve to these securities that is used at the Federal Reserve Board every day, and makes the ... -
The Turkish Military: Principal or Agent?
(SAGE Publications, 2014)One of the defining features of Turkish politics has been the strong influence of the military in civilian politics. However, since the early 2000s, we have seen unprecedented developments, substantially constraining the ... -
The relative effects of crude oil price and exchange rate on petroleum product prices: Evidence from a set of Northern Meditteranean countries
(Elsevier, 2014-10)This paper provides a set of empirical evidence from five Northern Mediterranean countries that are subject to similar refinery reference prices regarding the relative sensitivity of crude oil prices and exchange rate ... -
Attention-Dependent Representation of a Size Illusion in Human V1
(Elsevier, 2008-11-11)One of the most fundamental properties of human primary visual cortex (V1) is its retinotopic organization, which makes it an ideal candidate for encoding spatial properties, such as size, of objects. However, three-dimensional ... -
Financial liberalization and fiscal repression in Turkey: Policy analysis in a CGE model with financial markets
(Elsevier, 1997-02)The effects of recent Turkish financial liberalization reforms on the real economy are investigated with the aid of a computable general equilibrium model that incorporates financial markets. The model is used for conducting ... -
A genetic game of trade, growth and externalities
(Elsevier, 1998-06)A genetic algorithm is introduced to search for optimal policies in the presence of knowledge spillovers and local pollution in a dynamic North/South trade game. Noncooperative trade compounds inefficiencies stemming from ... -
Detection and localization of specular surfaces using image motion cues
(Springer Berlin Heidelberg, 2014)Successful identification of specularities in an image can be crucial for an artificial vision system when extracting the semantic content of an image or while interacting with the environment. We developed an algorithm ...
