Two of the primary issues of the next Common Fisheries Policy (CFP) reform are maximum sustainable yield (MSY) and transferable fishing concessions (TFCs). The European Commission agreed on implementing TFCs under some major principles including reserving a part of total quotas for small-scale...

Instead of international agreement between Syria, Iraq, and Turkey, the best hope for sustainable water conservation in the Euphrates-Tigris river basin lies with policies that can be justified on individual and local grounds within Turkey: reducing water run-off and accompanied pollution;...

Until 2004-2008 reforms, access to health care among separate pension schemes in Turkey was very stratified. A widely accepted ranking of health services of different pension schemes in Turkey (from best to worst) was Government Employees Retirement Fund (GERF), Social Insurance Institution...

The US banking industry offers a unique, natural and fertile environment to study geography's effects on banks' behavior and performance. The literature on banks' operating performance, while extensive, says little about the influence of spatial interactions on banks' performance. We compute and...

This paper investigates the relationship between the main business cycles features and the institutional and structural characteristics of countries in which they are observed. We derive the business cycle characteristics of the individual countries using the nonparametric Harding-Pagan...

We build an equilibrium business cycle model in which agents cannot perfectly distinguish between the permanent and transitory components of TFP shocks and learn about those components using the Kalman filter. Calibrated to Mexico, the model predicts a higher variability of consumption relative...

This study examines the effects of fragmented governments and fiscal authorities on budget deficits in Turkey along with political business cycle effects. For econometric analysis we will use annual data from the period of 1960-2009. This paper sheds light on various dispersion indices and their...

Emerging Markets Resilience and Growth amid Global Turmoil provides an excellent contribution to the literature. The book covers a variety of important topics on emerging market economies and offers invaluable information for a wide range of audience; from academics to policy makers as well as...