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Yayın On the performance of West's bubble test: A simulation approach(Elsevier science inc, 2010-12-01) Yüksel, Sadettin Aydın; Akdeniz, Levent; Altay Salih, AslıhanIn this research we examine the ability of West's bubble test [1] in detecting speculative bubbles using Brock's (1982) [2] intertemporal general equilibrium model of asset pricing as the basis for a simulation study. In this setting, (1) the economy, by construction is efficient and produces the maximally possible amount of welfare for society, and (2) asset prices reflect the utility-maximizing behavior of consumers and the profit-maximizing behavior of firms. We find that the West's bubble test flag as "bubbles" in the simulated data yet the data is produced from an economy in which markets are efficient in welfare production.Yayın The rising tide of conservatism in Turkey(Palgrave Macmillan, 2009-01-01) Çarkoǧlu, Ali; Kalaycıoğlu, Mahmut ErsinThis book analyzes the development and impact of conservatism on Turkish politics in the post-Cold War era. Exploring the impact of international system change on Turkey over the course of recent events, this book covers the emerging tension and stress in Turkey’s political culture, economy, and democratic institutions.Yayın Governance, institutions, and economic performance: a comparative study of Singapore and South Sudan(Uluslararası İlişkiler Çalışmaları Derneği, 2024-12-31) Parlak, Fatmanur; Aktaş, AlperenThe ongoing debate between democratic and nondemocratic systems has gained significant attention in contemporary political discourse. With the rise of authoritarian regimes, the long-standing assumption that democratic principles are prerequisites for economic development has been increasingly challenged. While some authoritarian regimes, such as China and Singapore, have demonstrated notable economic successes, others, like South Sudan, face persistent economic struggles. This divergence raises critical questions about the relationship between governance systems and economic outcomes. This study aims to address the following research question: How do governance structures, institutional capacities, and historical contexts influence economic development in authoritarian regimes? By employing the Most Similar Systems Design (MSSD), the study compares two contrasting authoritarian regimes: Singapore, an economically successful case, and South Sudan, an economically struggling one. The research incorporates a structural-historical approach to examine the factors that differentiate their economic trajectories, such as institutional efficiency, historical legacy, and policy decisions. The findings of this study contribute to the broader literature on authoritarianism and development by offering a nuanced understanding of how governance systems shape economic performance. In doing so, it challenges simplistic assumptions about authoritarian governance and highlights the complexities underlying economic success and failure.Yayın Child domestic labour and mothers' employment in Turkey(Taylor and Francis, 2016-01-01) Susanlı, Zehra Bilgen; İnanç Tunçer, Özlem; Koloğlugil, Serhat; Koloğlugil, SerhatThis paper takes an initial step in studying the determinants of child domestic labour and its relationship with mothers' employment in Turkey. We focus on children that are responsible for performing the domestic chores in their households. Using household level data from Demographic and Health Survey (2003), we find that the probability of child domestic labour is greater if the oldest child in the household is female; and this is stronger in rural areas. We also find that the likelihood of child domestic labour decreases with parental education. Our findings also suggest that the unobservable factors that increase the probability that a mother works increases the probability of child domestic labour in urban areas, but the opposite is true for rural areas.
