Working Papers

From Department of Economics, Bilkent University
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1201: Turkey's Experience with Disinflation: Where did all the welfare gains go?

Bilin Neyapti

1101: Does Fiscal Decentralization Promote Fiscal Discipline?

Bilin Neyapti, Zafer Akin and Zeynep B. Cevik

1005: Macroeconomic Impact of Bank Regulation and Supervision: A cross-country investigation

Bilin Neyapti and Nazire Nergiz Dincer

1004: Monotonic Extension

Farhad Husseinov

1003: The Role of Human Capital In Productivity Spillovers from FDI: An Empirical Analysis on Turkish Manufacturing Firms

Seda Koymen and Selin Sayek

1002: MNEs and Wages: the Role of Productivity Spillovers and Imperfect Labor Market

Bahar Sağlam and Selin Sayek

1001: Agency Costs, Fiscal Policy, and Business Cycle Fluctuations

Burçin Kısacıkoğlu

0903: The (Ir)relevance of Inflation Persistence for Inflation Targeting Policy Design

Sevim Kosem-Alp

0902: Performance of Monetary Institutions: Comparative Evidence

Bilin Neyapti

0901: Factors Influencing Relative Price of Goods and Services Sectors in Turkey: An Econometric Analysis

Kivilcim Metin-Ozcan and Koray Kalafatcılar

0802: Fiscal Decentralization and Deficits: International Evidence

Bilin Neyapti

0801: Productivity and Growth in an Unstable Emerging Market Economy: The Case of Turkey, 1960-2004

Kivilcim Metin-Ozcan and Mustafa Ismihan

0709: Admissible Functional Forms in Monetary Economics

Neil Arnwine

0708: Does Fiscal Decentralization Promote Fiscal Discipline?

Bilin Neyapti and Nida Cakir

0707: What Fisher Knew About His Relation, We Sometimes Forget

Taner Yigit and Neil Arnwine

0706: Inflation Targeting: An Indirect Approach to Assess the Direct Impact

Taner Yigit

0705: Announcements and Credibility under Inflation Targeting

Taner Yigit and Banu Demir

0704: The Effects of Exchange Rate Fluctuations on Economic Activity in Turkey

Hakan Berument, Magda Kandil and Nazire Nergiz Dincer

0703: The Differential Sectoral Effects of Policy Shocks: Evidence from Turkey

Hakan Berument, Nildag Ceylan and Mustafa Yücel

0702: Effects of Adopting Inflation Targeting Regimes on Inflation Variability

Hakan Berument and Ebru Yuksel

0701: The Relationship between Different Price Indexes: A Set of Evidence from Inflation Targeting Countries

Hakan Berument, Yilmaz Akdi, Seyit Cilasun and Hasan Olgun

0610: The Growth Performance of the Turkish Economy: 1960-2004

Kivilcim Metin-Ozcan and Mustafa Ismihan

0609: Existence of equilibrium, core and fair division in a heterogeneous divisible commodity exchange economy

Farhad Huseyin

0608: Existence of the core in a heterogeneous divisible commodity exchange economy

Farhad Huseyin

0607: Inflation Uncertainty and Interest Rates: Is The Fisher Relation Universal?

Hakan Berument, Hasan Olgun and Basak Ceylan

0606: Performance of Soccer on the Stock Market:Evidence from Turkey

Hakan Berument, Esin Gšzpinar and Basak Ceylan

0605: Production Boosting Effects of Football

Hakan Berument and Eray YŸcel

0604: The Center and Periphery Relations In International Stock Markets

Hakan Berument, Nergiz Din Er and Hasan Olgun

0603: The Relationship Between Different Price Indices: Evidence from Turkey

Hakan Berument, Seyit Cilasun and Yilmaz Akdi

0602: An Empirical Analysis of Istanbul Stock Exchange Sub-Indexes

Hakan Berument, Yilmaz Akdi and Cemal Atakan

0601: The Effects of Japanese Economic Performance on Indonesia

Hakan Berument, Bengisu Vural and Basak Ceylan

0514: Intermediaries and Corruption

Cagla Okten Hasker and Kevin Hasker

0513: The Effects of Exchange Rate Risk on Economic Performance: The Turkish Experience

Hakan Berument and Nergiz Din Er

0512: The Asymmetric Effects of Government Spending Shocks: Empirical Evidence from Turkey

Hakan Berument and Burak Dogan

0511: Return and Maturity Relationships for Treasury Auctions: Evidence from Turkey

Hakan Berument and M. Eray YŸcel

0510: Denomination Composition of Trade and Trade Balance: Evidence from Turkey

Hakan Berument and Nergiz Din Er

0509: Measuring Monetary Policy for A Small Open Economy: Turkey

Hakan Berument

0508: Effect of S&P500Õs Return on Emerging Markets: Turkish Experience

Hakan Berument and Onur Ince

0507: Success in Soccer and Economic Performance: Evidence from Besiktas-Turkey

Hakan Berument, M. Eray YŸcel and Onur Ince

0506: Business Cycles in Turkey and European Union Countries: A Perspective to the Membership

Hakan Berument, M. Eray YŸcel and ZŸbeyir Kilin

0505: Aid and Foreign Direct Investment: International Evidence

Mustafa Karakaplan, Bilin Neyapti and Selin Sayek

0504: The Effects of Privatization on Efficiency: How Does Privatization Work?

‚agla …kten

0503: Legal Quality of Bank Regulation and Supervision and its Determinants: A Mixed Sample

Bilin Neyapti and Nergiz Din Er

0502: Expected Multi-Utility Theorems with Topological Continuity Axioms

Ozgur Evren

0501: Pilgrims to Eurozone: How Far, How Fast

Evžen Kočenda, Ali Kutan and Taner Yigit

0408: Fisher Equation and Output Growth

Neil Arnwine

0407: Effects of Transition and Political Instability on Foreign Direct Investment Inflows: Central Europe and the Balkans

Taner Yigit and Ali Kutan

0406: The Emergent Seed: Simplifying the Analysis of Dynamic Evolution

Kevin Hasker

0405: Determinants of Workers Remittances: The Case of Turkey

Bilin Neyapti, Kivilcim Metin-Ozcan and Osman Tuncay Aydas

0404: Has European Customs Union Agrement Really Affected Turkey's Trade?

Bilin Neyapti, Fatma Taskin and Murat Üngör