Ekonomi Bölümü Koleksiyonu

Permanent URI for this collectionhttps://hdl.handle.net/20.500.11779/1936

Browse

Search Results

Now showing 1 - 3 of 3
  • Article
    State Gun Control Laws, Gun Ownership and the Supply of Homicide Organ Donors
    (Elsevier, 2020-09-01) Bilgel, Fırat
    The likelihood of being a potential deceased organ donor is higher for individuals who have been exposed to situations typically characterized by a severe head trauma or stroke that result in brain death. Employing count data models that account for overdispersion and/or excessive counts of zeros, this paper assesses the unintended consequences of enforcing stricter gun control laws and the effects of gun ownership on homicide organ donor supply in the United States using county data for the period 2009–2015. The findings confirm the transplantation paradox hypothesis that stricter gun control laws reduce the expected cases of gun homicides and thereby reduce deceased organ donor supply and exacerbate the organ shortage. The findings are robust to several measures of the strength of gun control laws, restricted samples and spurious outcome variables. However, the direction of the impact of gun ownership levels on homicide organ donor supply proved to be inconclusive.
  • Article
    Citation - WoS: 7
    Citation - Scopus: 7
    Exchange Rates and Firm Survival: an Examination With Turkish Firm-Level Data
    (Elsevier, 2016-09-01) Toraganlı, Nazlı; Yazgan, Mustafa Ege
    Micro-level empirical research has begun to obtain important results on the effects of currency variations on firms’ survival. The literature has, however, lacked a detailed analysis of the effects of exchange rates on firms’ survival behavior in emerging markets due to a scarcity of firm-level information. Using a firm-level dataset, we investigate the impact of currency appreciation on the survival behavior of Turkish firms in the manufacturing industries for 2002–2009. Our results suggest that real exchange rate appreciation decreases the probability of survival in the manufacturing industries. We also find that high-productivity firms have a higher probability of survival than low- productivity firms following an appreciation of the exchange rate. Our findings indicate that the negative effect of a 1% real appreciation of the domestic currency on the survival probability of a given firm ranges from 4.5 to 9%, providing evidence for the vulnerability of developing countries to exchange rate movements. This evidence indicates that, especially for emerging market economies, economic events and policies leading to an appreciation in the domestic currency should be managed cautiously.
  • Article
    Citation - WoS: 11
    Citation - Scopus: 13
    Contagion Effects of U.s. Dollar and Chinese Yuan in Forward and Spot Foreign Exchange Markets
    (Elsevier, 2017-04-01) Kılıç, Erdem
    Financial contagion in forex markets is modeled by the application of a bivariate Hawkes stochastic jumpprocess. The self-exciting and mutually exciting properties of the jump-clustering model allow for illustratinginternal and cross-sectional transmission processes. The results obtained suggest stronger effects from US tomutual markets than in the reverse case. Cross-sectional excitation dynamics in the spot markets are larger thanin the forward markets. As a central result, we can observe that the results for the Hawkes-model parameters aremore significant in the forward markets. Transmission dynamics beyond volatility determine the likelihood ofcontagion occurrence. The significance of the decay parameters towards the long term jump intensities supportsthe importance of abrupt fluctuations in the contagion discourse.