The Discussion Papers of the Department of Economics are intended to make
the initial results of research by faculty members available to a wider
audience so as to stimulate discussion. It is to be understood that the
papers have not gone through a formal editorial review, and that any views
and results reported are solely the author(s)' responsibility.
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Number
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Author
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Title
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00-1 February
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Neil Arnwine
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Transactions Period Length in Cash-in-Advance Models of Money Demand
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00-2 March
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Ivan Pastine and
Tuvana Pastine
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Consumption Externalities, Coordination and Advertising
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00-3 April
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Ivan Pastine and
Tuvana Pastine
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Coordination in Markets with Consumption Externalities: The Role of
Advertising and Product Quality
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00-4 April
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Erdem Başçı Ismail
Sağlam
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Optimal Money Growth in A Limited Particpation Model with Heterogenous
Agents
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00-5 April
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Erdem Başçı Sıdıka Başçı
Gülnur Muradoğlu
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Do Extreme Falls Help Forecasting Stock Returns? Evidence From World
Markets
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00-6 May
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Ivan Pastine and
Tuvana Pastine
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A Dynamic Small Open Economy Model of Migration and Real Wages
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00-7 May
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Bilin Neyaptı
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Central bank Independence and Economic Performance in Eastern Europe
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00-8 May
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Ali Koc
Savaş Alpay
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Household Demand in Turkey: An Application of Almost Ideal Demand System
with Spatial Cost Index
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00-9 June
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Ivan Pastine and
Tuvana Pastine
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On Endogenous Leadership in Price Competition
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00-10 June
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Robert E. Cumby
Tuvana Pastine
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Emerging Market Debt: Measuring Credit Quality and Examining Relative
Pricing
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00-11 June
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Nergiz Dincer
Bilin Neyapti
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Measuring the Quality of Bank Regulation and Supervision and its
Macroeconomic Effects
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00-12 August
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Kivilcim Metin-Özcan Erinç
Yeldan
Ebru Voyvoda
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On the Patterns of Trade Liberalization, Oligopolistic Concentration and
Profitablility: Reflections from Post-1980 Tukrish Manufacturing
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00-13 November
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ErinçYeldan
Ebru Voyvoda
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Financing of Public Education in a Debt Constrained Economy:
Investigation of Fiscal Alternatives in an OLG Model of Endogenous Growth
for Turkey
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00-14 November
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Murat Sertel
Ipek Ozkal
Sanver
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Manipulability of the Men-(Women) Optimal Matching Rule via Endowments
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Number
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Author
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Title
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99-1 January
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Savaş Alpay
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What Do We Know About the Interactions Between Trade and the
Environment? A Survey of the Literature
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99-2 February
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Mahmut İlerisoy
Syed Mahmud
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Real Money Balances in Production Function: A Translog Profit Function
Approach
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99-3 February
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Mehmet Caner
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Large Sample Theory for M-Estimators via Empirical Process Methods
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99-4 June
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Irma Adelman
Erinç Yeldan
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The End of The Developmental State? A General Equilibrium Investigation
on the Sources of the Asian Crisis within a Multi-Region, Inter-temporal
CGE Model forth comingin World Development
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99-5 July
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Kıvılcım Metin-Özcan
Ebru Voyvoda
Erinç Yeldan
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Dynamics of Macroeconomic Adjustment in a Globalized Developing Economy:
Growth, Accumulation and Distribution, Turkey 1969-1998
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99-6 August
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Bilin Neyaptı
Secil Ozgur
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The Effects of Fiscal and Monetary Discipline on Budgetary Outcomes: The
Case of the European Union
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99-7 August
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Bilin Neyaptı
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Budget Deficits and Inflation: An Analysis in Light of the Roles of
Central Bank Independence and Financial Market Development
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99-8 August
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Erdem Basci
Mehmet Orhan
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Reinforcement Learning and Dynamic Optimization
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99-9 September
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Erdem Basci
Ebru Voyvoda
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Bliss and Optimal Growth
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99-10 October
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Ümit Cizre- Sakallıoğlu
Erinç Yeldan
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Dynamics of Macroeconomic Disequilibrium and Inflation in Turkey: The
State, Politics, and the Markets under a Globalized Developing Economy
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99-11
October
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EbruVoyvoda
Erinç Yeldan
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Patterns of Productivity Growth and the Wage Cycle in Turkish
Manufacturing
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99-12
November
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Levent Akdeniz
A. Altay Salih
Mehmet Caner
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An Empirical Investigationof Time Varying Betas via Threshold Models
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99-13 December
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Semih Koray
Ayca Kaya
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A Characterization of Solution Concepts that Implement Monotonic Social
Choice Rules
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Number
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Author
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Title
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98-1 January
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Xinshen Diao
Terry Roe
Erinç Yeldan
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Strategic Policies and
Growth: An Applied Model of R&D-Driven Endogenous Growth
published in Journal
of Development Economics 60 (2) (1999) pp. 343-380
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98-2 January
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Erdem Basci
Ismail Saglam
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On the Importance of Sequencing of Markets in Monetary Economies
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98-3 February
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R.Gencay
Faruk Selcuk
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A Visual Test of Normality for Econometric Models
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98-4 March
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Asad Zaman
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Random Coefficients and Heteroskedasticity
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98-5 March
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Turalay Kenc
Serdar Sayan
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Transmission of Demographic Shock Effects from Large to Small Countries:
An Overlapping Generations CGE Analysis
published in Journal of
Policy Modeling (23)6 (2001) pp. 677-702
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98-6 March
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R.Gencay
Serdar Sayan
Faruk Selcuk
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A Visual Test for Noise Filteringin Nonlinear Time Series
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98-7 March
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Sydney Afriat
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Revealed Preference Revealed
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98-8 March
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R.Gencay
Faruk Selcuk
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A Visual Goodness-of-Fit Test for Econometric Models
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98-9 April
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Bahri Yilmaz
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The Role of Trade Strategies for Economic Development: A Comparison of
Foreign Trade between Turkey and South Korea
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98-10 April
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Serdar Sayan
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Could Regional Economic Cooperation Generate Trade Creation and Trade
Diversion Effects without Altering Trade Policies of Members? Preliminary
Results from a Gravity Application toBSEC
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98-11 April
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Syed Mahmud
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The Energy demand in the Manufacturing Industry of Pakistan: Some
Further Results
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98-12 April
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Nazmi Demir
Syed Mahmud
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Regional and Technical Efficiency Differentials in the Turkish
Agriculture
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98-13 April
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Syed Mahmud
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Monetary Aggregation and Money in Production Function
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98-14 May
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Sıdıka Başçı
Asad Zaman
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Variance Estimates and Model Selection
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98-15 June
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Sydney Afriat
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Utility Construction-Revisited
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98-16 July
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Xinshen Diao
Wenli Li
Erinç Yeldan
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Challenges and Choices inPost-Crisis East-Asia: Simulations of
Investment Policy Reform in an Intertemporal, Global Model
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98-17 July
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Xinshen Diao
Erinç Yeldan
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Interface of Trade Liberalization, Accumulation and Growth in A World of
Multi-Polar trade Blocs: Lessons from a Multi-Regional Global General
Equilibrium Model
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98-18 August
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Erdem Basci
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Learning by Imitation in the Kiyotaki-Wright Model of Money
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98-19 September
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Mehmet Caner
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Least Absolute Deviation Estimation of a Threshold Model
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98-20 October
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Semih Koray
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Consistent Social Choice Functions Verify Arrow and
Gibbard-Satterthwaite Theorems
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98-21 November
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Mehmet Caner
Bruce E. Hansen
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Threshold Autoregressions with a Near Unit Root
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98-22 November
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Graduate Students’98 ErinçYeldan
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Dynamics of Growth, Accumulation and Distribution in the post-1980
Turkish Economy: A Kaldorian General Equilibrium Interpretation
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98-23 December
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Mehmet Caner
Lutz Kilian
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A Direct test of the Emerging Consensus about Long-Run PPP
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Number
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Author
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Title
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97-1 January
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Faruk
Selcuk
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A Brief Account of the Turkish Economy, 1987-1996
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97-2 January
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Ferhad Husseinov
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Boundary Behavior of Excess Demand and Existence of Equilibrium
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97-3 January
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Nader Habibi
F. M. Bagheri
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Political Institutions and Central Bank Independence: A Cross Country
Analysis
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97-4 February
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Nader Habibi
M. Fardmanesh
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The Vulnerability of Expenditure Categories During Budget Cuts
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97-5 March
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Asad Zaman
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Consistency of F-Test and Applications
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97-6 March
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Asad Zaman
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Random Coefficients and Heteroskedasticity
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97-7 March
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Xinshen Diao
Erinç Yeldan
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On the Construction of an Intertemporal World Model of Growth,
Accumulation and Trade: Transitional Dynamics, Calibration Strategy and
Simulation Analysis
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97-8 July
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Haluk Ergin
Serdar Sayan
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A Microeconomic Analysis of Slavery in Comparison to Free Labor
Economies
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97-9 October
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Xinshen Diao
Terry Roe
Erinç Yeldan
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How Trade and R&D Promotion Policies Affect Growth: An Applied
General Equilibrium Analysis with Endogenous Growth
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Number
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Author
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Title
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96-1 April
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Syed Mahmud
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The Energy Demand in the Manufacturing Sector of Pakistan: Some Further
Results
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96-2 April
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Xinshen Diao
E.H. Elbasha
Terry L.Roe
Erinç Yeldan
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An R&D Model of Endogenous Growth: Calibration, Steady-State and
Transition Path Equilibria
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96-3 May
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Xinshen Diao
Terry L.Roe
Erinç Yeldan
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A Simple Dynamic Applied General Equilibrium Model of a Small Open
Economy: Transitional Dynamics and Trade Policy
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96-4 May
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J. Mercenier
Erinç Yeldan
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On Turkey's Trade Policy: Is A Customs Union with Europe Enough?
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96-5 June
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Erol Balkan
Erinç Yeldan
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Financial Liberalization in Developing Countries: The Turkish Experience
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96-6 July
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Murat Yülek
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Liberalize to Grow or Growto Liberalize: Japanese Finance and
Development During the High GrowthPeriod
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