Projects
Abdurrahman Aydemir, “Economic Outcomes of the First and Second Generation Turkish Immigrants in Europe: Cross Country and Across Time Variations”, TÜBİTAK Research Grant, 2008-2011
This research will explore the labor market outcomes of the first generation Turkish immigrants, the schooling outcomes of the second generation and the intergenerational linkages across European countries. By providing an assessment of integration with a multi generational perspective the reasearch aims to inform discussions about the best practices for integration both at EU and national levels, and contribute to the discussions around the potential impacts of a free mobility of Turkish workers within the EU.
"The Impact of Integration Policies on Immigrant Outcomes: Cross-country Evidence from EU", European Union 7. Framework Program Marie Curie IRG, 2010-2013
Ahmet Alkan, Alpay Filiztekin, Ali Çarkoğlu and Fırat İnceoğlu, "Measuring Value Added in Secondary Schooling in Turkey", TÜBİTAK research project, 2005-2008
Its aim is to quantify and disaggregate the educational achievements of students attending secondary schooling in Turkey. Students from various social, economic and educational backgrounds enroll in secondary schools and then graduate three or four years thereafter. Educational production functions are estimated by statistical regression analyses using data on nationwide exam scores to factor out the value added into several components including talent, motivation, socioeconomic status as well as level of school technology and class size. Furthermore, this approach enables a comparison of the performance of different schools and school types (e.g. science high schools, vocational schools). The findings of this project will have bearings on important educational policy issues such as improving the design of curricula and assessing the Turkish college admissions system, including a better understanding of the system’s impact on income distribution and the enormous waste of resources it currently entails.
Eren İnci “The Economic Analysis of Garage and Curbside Parking in Downtown Areas”, TÜBİTAK Career Grant, 2011.
TÜBİTAK Career Development Program will fund Eren İnci’s research project on downtown parking. The project, entitled “The Economic Analysis of Garage and Curbside Parking in Downtown Areas”, is among a few in the world in analyzing the interaction of garage and curbside parking between each other and with traffic flow. “Parking problem” significantly diminishes the quality of life in large cities in Turkey as much as it does all around the world. It will be felt even more in the future as a result of rapid urbanization and continuous increase in population and car ownership. In his project, Eren İnci is going to analyze the “parking problem” from an economic point of view and propose policy prescriptions.
Hakkı Yazıcı, "Motivating parents to invest in children", Marie Curie Reintegration Grant, 2010-2013.
The project is motivated by the fact that raising children is an important productive activity for a society, for children's outcomes depend on their parents' investments. Hakkı's research project will analyze ways in which governments can use traditional fiscal policy tools, such as taxation and the social security system, to provide parents with the right incentives to invest in their children. EU's 7th Framework Programme funds Hakkı's project for the next 3 years.
Işık Özel, “Regulation in Economic Governance”, TÜBİTAK Research Grant, 2009-2010
Diffusion of regulation and the accompanying independent regulatory agencies is, now, a worldwide phenomenon, commonly referred to as “the rise of regulatory capitalism.” Despite such diffusion, however, quality of regulation shows significant cross-national and cross-sectoral variation. This project focuses on regulatory quality by carrying out a cross-sectoral analysis in Turkey. It examines the regulatory quality in three sectors – finance, energy and telecommunications – to understand economic, political and institutional determinants affecting regulatory quality. It analyzes the processes that bring about regulatory capture in certain sectors.
İnci Gümüş, “The Effects of the Exchange Rate Policy on Sovereign Default Risk in Developing Countries”, TÜBİTAK Research Grant, 2008-2010
The borrowing costs of developing countries have been substantially higher than developed countries due to the premium paid for sovereign default risk. One of the factors that may affect the riskiness of a country as perceived by foreign investors is the exchange rate policy adopted by the country. This project aims to empirically analyze the effects of exchange rate policy on sovereign default risk in developing countries, differentiating the announced exchange rate regime and the actual exchange rate policy followed.
“The Effects of Foreign Currency Borrowing and Real Exchange Rates on Macroeconomic Fluctuations in Developing Countries”, Tübitak Research Grant, 2011
This project analyzes the effects of real exchange rate fluctuations on business cycles in developing countries in the presence of foreign currency borrowing. Developing countries almost exclusively borrow in foreign currency in international financial markets. With debt denominated in foreign currency and the resulting currency mismatch, real exchange rate fluctuations affect the real cost of borrowing. Since real exchange rate volatility is quite high in developing economies, fluctuations in the cost of borrowing increase considerably when borrowing is done in terms of foreign currency. Such volatility in the cost of borrowing affects the production, investment and employment decisions of firms, inducing volatility in these variables as well. The project will provide insights on how important real exchange rate fluctuations are in explaining macroeconomic volatility, and will contribute to the literature on the determinants of business cycles in developing countries.
İzak Atiyas, “Analysis of Competition Board Decisions: From a Law and Economics Perspective”, TÜBİTAK Research Grant, 2008-2010
The goal of the project is to evaluate the decisions of the Competition Board in comparison to two benchmarks: norms of competition policy in the European Union and the concepts and methods of economic theory, especially industrial organization. The project will be executed with an interdisciplinary approach and the project group is composed of three economists and two legal scholars: Izak Atiyas, Toker Doğanoğlu and Ali Fırat İnceoğlu (Sabancı University), Gamze Öz (Middle East Technical University) and Gönenç Gürkaynak (ELIG Law Firm)
Özgür Kıbrıs, “The Effect of Bankruptcy Rules on Investment Behavior and Investor Welfare”, TÜBİTAK Research grant, 2010-2011
It is a project on Alternative bankruptcy rules affect the investment behavior in a country in different ways. In a way, each rule induces a different “noncooperative investment game” among the investors. Comparing the equilibria of these games, in terms of total investment and social welfare, might provide us ways of comparing alternative bankruptcy rules in a way that is not considered in the axiomatic literature. Using this methodology, the project explores a possible explanation as to the popularity of the proportional allocation rule in bankruptcy situations. The analysis contributes to the understanding of economic interactions in environments in which bankruptcy is probable. It also relates two strands of literature (the normative and the positive) which are about the same real-life phenomenon but which do not communicate with each other due to their alternative approaches and tools.
Selçuk Özyurt, “Reputation and Market Microstructure”, Marie Curie Reintegration Grant, 2010-2014
The main motivation behind Selçuk’s project is to provide suggestive explanations regarding the effects of reputation (on commitment abilities) and negotiation on market microstructures and market outcomes. The project is funded for the next four years by the 7th research framework program of the EU.