ERDEM BASCI

Recent Publications of Erdem Basci:

Macro Theory

• Learning by imitation, Journal of Economic Dynamics and Control, 23: 1569-85, 1999.
• Reinforcement learning and dynamic optimization, Journal of Economic and Social Research, 2: 39-57, 2000 (with Mehmet Orhan).
• Bliss and optimal growth, METU Studies in Development, 28: 1-14, 2001 (with Ebru Voyvoda).

Monetary Economics

• Cash-in-advance constraints in production and functional distribution of income, METU Studies in Development, 25: 1-12, 1998 (with Ismail Saglam).
• Does money matter? A deterministic model with cash-in-advance constraints in factor markets, in A. Alkan, C.D. Aliprantis and N.C Yannelis eds., Current Trends in Economics: Theory and Applications, Springer-Verlag, 107-118, 1999 (with Ismail Saglam).
• On the importance of sequencing of markets in monetary economies, in Semih Koray and M.R. Sertel eds., Advances in Economic Design, Springer, Heidelberg, Forthcoming in 2002 (with Ismail Saglam).

Financial Economics

• A note on price-volume dynamics in an emerging stock market, Journal of Banking and Finance, 20: 389-400, 1996 (with Kursat Aydogan and Suheyla Ozyildirim).

General Equilibrium and Game Theory

• Prakash and Sertel's theory of non-cooperative equilibria in social systems - twenty years later, Journal of Mathematical Economics, 25: 1-18, 1996 (with Murat R. Sertel).

Turkish Economy

• A method for detecting structural breaks and an application to the Turkish Stock Market, METU Studies in Development, 27: 35-45, 2000 (with Sidika Basci and Asad Zaman).
• The legal framework for private sector activities in Turkey, in V.N. Balasubramanyam and S.Togan eds., Turkey and Central and Eastern European Countries in Transition: Comparative Study with a view to Future Membership of EU, Macmillan Press Ltd., London, 2001 (with Tugrul Arat, Izak Atiyas and Turgut Tan).