This study combines an administrative dataset of the full population of Turkish firms and the setting of the sudden mass migration of Syrian refugees to Turkey to identify the effect of migrants on firm performance and market structure. We find that economic activity increases in hosting...

The degree and quality of job mobility is an important factor of optimal allocation of resources and growth in an economy. Job mobility facilitates productive employer-employee matches. In that respect, job mobility allows employees to work in industries which suit their skills and enables...

This paper studies the relationship between mortgage rates and house prices. We exploit a sudden reduction in mortgage rates of state-owned banks in Turkey during the summer of 2020 as an exogenous shock to provide causal estimates of a decrease in the cost of credit on mortgage demand and house...

This paper exploits the COVID-19 pandemic as a negative shock on firm revenues and studies the transmission of this shock across industries via banks. We use the ex-ante heterogeneity in the amount of loans issued to affected industries to measure the variation in banks' exposure to the negative...

We investigate the aggregate-level effects of parental leave legislation on various labour market outcomes of women in 16 European countries for the period between 1970 and 2010. The paper updates and extends previous findings in the literature. The results show increases in participation rates...