Ekonomi Bölümü Koleksiyonu
Permanent URI for this collectionhttps://hdl.handle.net/20.500.11779/1936
Browse
125 results
Search Results
Book Part Citation - Scopus: 2New Money: Central Bank Digital Currencies(Peter Lang AG, 2019) Karamollaoğlu, Nazlı; Tuncay, BernaPayment systems have been evolving along with technological advancements in the last couple decades. The introduction of different forms of electronic banking, the advance of Internet banking services, and advances in mobile phone and mobile payment technology have reduced the use of physical currency. Additionally, the first mover cryptocurrencies, bitcoin and its various alternatives (e.g., Ether, Litecoin), have been expanding their footprints, despite the volatility of their prices and the issues with their capability. These developments pose both opportunities and threats for Central Banks, particularly in the formulation of monetary policy and regulation of payment systems. Increased adoption of cryptocurrencies for payment transactions could undermine central banks' monetary policy missions as their policy power over the money in circulation would weaken. Weakened monetary policy control on the central bank side would risk financial stability. On the other hand, cryptocurrencies may also have positive impacts on the economy through various channels such as cost and time driven payment market efficiencies, financial inclusion, cashless society, and smaller informal sector. A central bank digital currency (CBDC) may have various characteristics related to its store of value, availability, settlement time, wallet and transaction limits, extent of use, being interest bearing or not and level of anonymity. While each characteristic has its own pros and cons, decisions on the CBDC characteristics need to be made by taking into account the country's circumstances, priorities, and ultimate policy objectives. © Peter Lang GmbH Internationaler Verlag der Wissenschaften Berlin 2019. All rights reserved.Article Citation - WoS: 19Citation - Scopus: 20Guns and Homicides: a Multiscale Geographically Weighted Instrumental Variables Approach(Wiley, 2019-12-23) Bilgel, FıratThis article assesses the locally varying effects of gun ownership levels on total and gun homicide rates in the contiguous United States using cross-sectional county data for the period 2009–2015. Employing a multiscale geographically weighted instrumental variables regression that takes into account spatial nonstationarity in the processes and the endogenous nature of gun ownership levels, estimates show that gun ownership exerts spatially monotonically negative effects on total and gun homicide rates, indicating that there are no counties supporting the “more guns, more crime” hypothesis for these two highly important crime categories. The number of counties in the contiguous United States where the “more guns, less crime” hypothesis is confirmed is limited to at least 1258 counties (44.8% of the sample) with the strongest total homicide-decreasing effects concentrated in southeastern Texas and the deep south. On the other hand, stricter state gun control laws exert spatially monotonically negative effects on gun homicide rates with the strongest effects concentrated in the southern tip of Texas extending toward the deep south.Research Project Verimlilik ve Reel Döviz Kurları Arasındaki İlişkinin Girişimler Bazında Analizi(TÜBİTAK, 2018) Toraganlı Karamollaoğlu, Nazlı; Sıvacı, Ozan; Atasü, Seniha İdil; Acar, Uğurcan; Çakır, BayramBu proje kapsamında girişim ve sektör seviyesinde hesaplanan reel döviz kuru serilerinin girişim bazında hesaplanan verimlilik üzerine etkisi Türkiye İstatistik Kurumu (TÜİK) tarafından kullanıma açılan mikro veri kullanılarak analiz edilmektedir. Çalışmada, 2005-2015 yıllarını kapsayan Dış Ticaret İstatistikleri (DTİ), İş Kayıtları Çerçeveleri (İKÇ) ve Yıllık Sanayi ve Hizmet İstatistikleri (YSHİ) verileri kullanılmıştır. Onaylanan Bütçe: Buna ek olarak proje kapsamında verimliliğin farklı özelliklere sahip girişimler için, girişim ve sektör düzeyinde hesaplanacak olan döviz kuru hareketlerinden nasıl etkilendiği araştırılmıştır. Bu çerçevede girişimlere özgü ithal ara malı kullanımı, ihracata konu olan ürünlerin yapısı (homojen ve farklılaştırılmış), ticaret partneri sayıları, sermaye yapısı gibi bir takım özellikler göz önünde bulundurularak verimlilik ve reel döviz kuru ilişkisi incelenmiştir. Çalışmanın sonuçları firma seviyesinde hesaplanan döviz kuru serileri göz önünde bulundurulduğunda yerel döviz kurundaki değerlenmenin firmaya ilişkin verimlilik üzerinde negatif etkileri olduğunu göstermektedir. Diğer taraftan sektör seviyesinde hesaplanan döviz kurları kullanıldığında verimlilik ve döviz kuru arasında anlamlı bir ilişki rapor edilmemektedir. Bu durum toplulaştırma yanlılığı problemine dikkat çekerek firma spesifik kurların döviz kurunun verimlilik üzerine etkisini ölçmede sektörel kurlardan daha duyarlı olduğunu göstermektedir. Çalışmada ayrıca ithal aramalı kullanımı ihracat oranına göre fazla olan firmaların verimliliklerinin döviz kurundaki değerlenmeden daha az etkilendikleri gözlenmektedir. Buna ek olarak olarak yabancı sermaye oranı veya ticaret partneri sayısı fazla olan firmaların verimliliklerinin beklentilerden farklı olarak, döviz kuru değerlenmesinden daha çok etkilendikleri rapor edilmiştir. Ayrıca çalışmada firmanın ihracatındaki farklılaştırılmış ürün oranının döviz kuru değerlenmesinin verimlilik üzerindeki negatif etkilerinin azaltmada rol oynamadığı sonucu bulunmuştur.Article Citation - WoS: 6Citation - Scopus: 10Gendering Resistance: Multiple Faces of the Kurdish Women's Struggle(Wiley, 2019-08-08) Göksel, NisaThe article explores the Kurdish women's movement in Turkey by bridging two forms of resistance: those of guerrilla women fighters and of activist women. Based on my extensive ethnographic and archival research, I ask how women under conditions of war engage in different modes of resistance. In what ways does the "heroic resistance" of guerrilla women resonate with and/or contradict the everyday, "ordinary" struggles of activist women? The potent image of the Kurdish guerrilla woman that emerged in the early 1990s is constitutive of many other modes of political subjectivities, even among women who do not or cannot become guerrillas. One of those subjectivities is that of the activist woman. My analysis suggests that women's activism opens up a middle ground of action between "heroic" and "ordinary" resistance by reconciling revolutionary politics with everyday activism around gender-based violence, democracy, and human rights. Although both revolutionary movement participants and scholars of revolutionary resistance often contrast the "ordinary" with the realm of armed resistance, this article challenges this dichotomy. I take the two realms of resistance-the ordinary and the heroic-as the core constituents of revolutionary resistance, and I reconsider the gendered interplay between them.Article Citation - WoS: 8Citation - Scopus: 11Hematocrit Levels and Thrombotic Events in Patients With Polycythemia Vera: an Analysis of Veterans Health Administration Data(Springer, 2019-09-24) Parasuraman, Shreekant; Robyn Scherber; Jingbo Yu; Li Wang; Dilan Paranagama; Sulena Shrestha; Başer, Onur; Yu, Jingbo; Paranagama, Dilan; Shrestha, Sulena; Scherber, Robyn; Wang, LiPatients with polycythemia vera (PV) have a high incidence of thrombotic events (TEs), contributing to a greater mortality risk than the general population. The relationship between hematocrit (HCT) levels and TE occurrence among patients with PV from the Veterans Health Administration (VHA) was evaluated to replicate findings of the CYTO-PV trial with a real-world patient population. This retrospective study used VHA medical record and claims data from the first claim with a PV diagnosis (index) until death, disenrollment, or end of study, collected between October 1, 2005, and September 30, 2012. Patients were aged ? 18 years at index, had ? 2 claims for PV (ICD-9-CM code, 238.4) ? 30 days apart during the identification period, continuous health plan enrollment from 12 months pre-index until end of study, and ? 3 HCT measurements per year during follow-up. This analysis focused on patients with no pre-index TE, and with all HCT values either < 45% or ? 45% during the follow-up period. The difference in TE risk between HCT groups was assessed using unadjusted Cox regression models based on time to first TE. Patients (N = 213) were mean (SD) age 68.9 (11.5) years, 98.6% male, and 61.5% white. TE rates for patients with HCT values < 45% versus ? 45% were 40.3% and 54.2%, respectively. Among patients with ? 1 HCT before TE, TE risk hazard ratio was 1.61 (95% CI, 1.03–2.51; P = 0.036). This analysis of the VHA population further supports effective monitoring and control of HCT levels < 45% to reduce TE risk in patients with PV.Article Citation - WoS: 13Citation - Scopus: 13Risk of Venous Thromboembolism After New Onset Heart Failure(Nature Research, 2019-11-22) Smilowitz, Nathaniel R.; Wang, Li; Berger, Jeffrey S.; Zhao, Qi; Shrestha, Sulena; Başer, OnurNew-onset heart failure (HF) is associated with cardiovascular morbidity and mortality. It is uncertain to what extent HF confers an increased risk of venous thromboembolism (VTE). Adults >= 65 years old hospitalized with a new diagnosis of HF were identified from Medicare claims from 2007-2013. We identified the incidence, predictors and outcomes of VTE in HF. We compared VTE incidence during follow-up after HF hospitalization with a corresponding period 1-year prior to the HF diagnosis. Among 207,535 patients with a new HF diagnosis, the cumulative incidence of VTE was 1.4%, 2.5%, and 10.5% at 30 days, 1 year, and 5 years, respectively. The odds of VTE were greatest immediately after newonset HF and steadily declined over time (OR 2.2 [95% CI 2.0-2.3], OR 1.5 [1.4-1.7], and OR 1.2 [1.2-1.3] at 0-30 days, 4-6 months, and 7-9 months, respectively). Over 26-month follow-up, patients with HF were at two-fold higher risk of VTE than patients without HF (adjusted HR 2.31 [2.18-2.45]). VTE during follow-up was associated with long-term mortality (adjusted HR 1.60, 95% CI 1.56-1.64). In conclusion, patients with HF are at increased risk of VTE early after a new HF diagnosis. VTE in patients with HF is associated with long-term mortality.Article Citation - WoS: 17Citation - Scopus: 19Oil Prices and Economic Activity in Brics and G7 Countries(Springer, 2019-08-29) Kılıç, Erdem; Çankaya, SerkanThe effect of oil prices on countries’ economic activity has been the center of attention for decades. The empirical link between oil prices and economic activity has been steadily investigated during this time period but the measured outcomes have revealed mixed results and been inconsistent. This study examines the effect of oil prices on economic activity for Brazil, Russia, India, China, and South Africa (BRICS) and Group of Seven (G7) countries in both short-run and long-run relationships by estimating a maximum likelihood structural vector autoregression model. The model shows that a positive shock to oil prices tends to affect the monetary aggregate in Brazil, Canada, France, Germany, and Russia. The effect on interest rate spread is most significant in India and Russia. Impulse response functions display almost no effect on the gross domestic product in the US and China. A positive response on the consumer price index is observed mostly for developed countries. The response of real exchange rate reveals a positive effect on all countries in varying degrees, with the exception of the US and South Africa. Finally, Granger causality tests were conducted with proper allowance for the non-stationarity of the data. The findings illustrate that the Russian economy is among the economies that are most significantly affected by oil price fluctuations for almost all the selected variables. The models also reveal that the effect of oil price shocks on the US’s and China’s economic activities is only limited to the effect on real exchange rates. Other variables show no or limited reactions to oil prices. We also used the Markov switching maximum likelihood vector autoregression models, which reveals similar results.Article Citation - WoS: 6Citation - Scopus: 6Health Outcomes Among Patients Diagnosed With Schizophrenia in the Us Veterans Health Administration Population Who Transitioned From Once-Monthly To Once-Every Paliperidone Palmitate: an Observational Retrospective Analysis(Springer, 2019-08-08) Khouyr, Antoine El; Wang, Li; Joshi, Kruti; Patel, Charmi; Başer, Onur; Huang, Ahong; El Khoury, AntoineThere is limited literature on treatment patterns, healthcare resource utilization (HRU), and costs among patients who transition from once-monthly paliperidone palmitate (PP1M) to once-every-3-month paliperidone palmitate (PP3M) in a real-world setting. Hence, this study compared treatment patterns, HRU, and costs 12-month pre- and post-PP3M transition among Veteran’s Health Administration (VHA) patients with schizophrenia.Article Citation - WoS: 5Citation - Scopus: 3Exports, Real Exchange Rates and Dollarization: Empirical Evidence From Turkish Manufacturing Firms(Springer, 2019-07-15) Karamollaoğlu, Nazlı; Yalçın, CihanWe attempt to uncover the relationship between the real exchange rates and exports shares of manufacturing firms in Turkey by taking into account FX exposures and various firm characteristics. We use a large panel of manufacturing firms to carry out an empirical analysis for the period 2002–2010. Contrary to macro-evidence, firm-level empirical evidence suggests that a depreciation of the Turkish lira seems to favor the external competitiveness of firms in general. We document that a real depreciation of the Turkish lira has a positive impact on export shares and its impact is muted to some extent for firms operating in sectors that use imported inputs intensively. In addition, we estimate that export shares increase as a result of real depreciation for firms having low (naturally hedged) and moderate FX debt-to-export ratios. We do not confirm a strong balance sheet channel where a depreciation of the currency may harm firms’ export performance due to currency mismatch. On the contrary, FX borrowing is estimated to support export performance probably due to undermining finance constraints.Article Citation - WoS: 4Citation - Scopus: 6Does the Unification of Health Financing Affect the Distribution Pattern of Out-Of Health Expenses in Turkey?(Wiley, 2019-04-07) Çınaroğlu, Songül; Başer, OnurTurkey has implemented health reforms for over a decade and has taken significant steps toward unifying health financing. This study investigated the financial burden associated with out-of-pocket (OOP) expenditures under universal health coverage, using national 2003–2015 household budget data from the Turkish Statistical Institute. Progress was evaluated using Kakwani–Suits indices and Lorenz concentration curves. The results indicate that overall, more than a decade after its unification, redistribution of wealth in the Turkish health financing system has benefitted the wealthy but not the poor. Both curve and index approaches (Kakwani index 2003 = -0.50; 2015 = -0.44) reveal an increasingly regressive pattern of OOP health expenditures. The effective use of fiscal space and good political leadership are essential for the successful continuation of reforms to combat poverty in Turkey.