Examples of research carried out by International Finance Students for their graduation projects:
- Is art an alternative investment?
- Does financial literacy affect personal finance behavior?
- Does FDI decrease female employment?
- Are crypto currency returns predictable?
- Should corporate taxes disappear for high growth?
- Does liberalization increase income inequality?
- Does FDI always increase wages?
International Finance students share their research results with the participants in the “Young Researchers in Finance” Forum, an annual event organized by the Finance Club bringing together finance professionals, academicians and students.
Examples of research carried out by our Academic Staff:
Papers published in international refereed journals:
Alıcı, A. (2006). Causality Between Saving and Growth: The Turkish Case. International Advances in Economic Research, 12, 1,139.
Dube, S. & Glascock, J. (2006).”Effects of the Method of Payment and the Mode of Acquisition on Performance and Risk Metrics”. IJMF, 2(3), 176-195.
Dube, S., Glascock, J. & Romero, R. (2008). “Does It Pay for Acquirers to Be Friendly?” Corporate Ownership and Control, 5 (2), 327-342.
McLain, D. & Dube, S. (2007). “The Transition from Traditional to Modern Management in Turkey”. EUROO, 1-16.
Jensen, A. & Dube, S. (2007).”Trickle-Down Effect of the Sarbanes-Oxley Act on a Privately-Held Seasonal Textile Manufacturer”. J. of Business Case Studies, 3(4).
Dube, S., Francis-Gladney, L., Romero, R., & Langdon, W. (2007).”Merger Motives for U.S. Utility Acquirers.. Journal of Business and Economics Research, 5(5).
Dube, S., Glascock, J. , & Klock, M. (2007).”Is Hostility Wasteful? Evidence of the Economic Costs of Hostility From the Measurement of Long-Term, Post-Acquisition Acquirer Performance”. J. of Business and Securities Law, 7 (1-2).
Torabzadeh, K. & Dube, S. (2007).”Motives for Partial Acquisitions: Evidence from the Effects of CEO Change on the Partially Acquired U.S. Target Firms”. COO, 4(4).
Y. Kuhry, S. Tuysuz (2009) “Interactions between interest rates and the transmission of monetary and economic news: the cases of US and UK”, Brussels Economic Review (review CNRS cat. 4)
Ucal M., A.Alıcı (2010). Is Fiscal Policy Sustainable in Turkey?. A Journal of the Society for the Study of Emerging Markets, Vol:46 Supplement 1, May-June 2010.
Tuysuz, S. (2011) “Does the Fed’s transparency is the main factor influencing the response of U.S. interest rates to macroeconomic and monetary news?”, Middle Eastern Finance and Economics (METE), (AEREST)
Tuysuz, S. (2011) “Has the independence of the Bank of England changed the reaction of interest rates to macroeconomic and monetary news?”, International Research Journal of Applied Finance (IRJAF), Vol II, Issue 5
Tuysuz, S. (2011) “Dynamic conditional correlation between the Turkish Government bond index, the stock index, and the sub-indices”, International Research Journal of Applied Finance (IRJAF), Vol II, Issue 11
Goncu, A., A. Akgul, O. Imamoglu, M. Tiryakioglu and M. Tiryakioglu, 2012. “An Analysis of the Extreme Returns Distribution: the Case of the Istanbul Stock Exchange,” Applied Financial Economics (22), 723-732.
E. Spyromitros, S. Tuysuz (2012) “Do monetary policy transparency, independence and credibility enhance macro-financial stability?” International Journal of Economics and Finance (AEREST), Vol 4(4) April 2012
Tuysuz, S. (2012) “How have the Turkish post-2001 stabilization reforms impacted on the conditional correlation between the Turkish and the main foreign stock markets?” Applied Financial Economics, Taylor and Francis Journals, Vol 22(22), p. 1881-1898
Eren,D. & Dube, S.(2012)."Dynamic Relationships between Macroeconomic Indicators and Non-Performing Loans..." Middle Eastern Fin. & Econ.,18, 148-161.
Tuysuz, S. (2013) “Conditional correlations between stock index, investment grade yield, high yield and commodities (gold and oil)”, International Journal of Economics and Finance (AEREST), September 2013
Dube, M., and Dube, S. (2013). "Criticality of Robustness Checks for Complex Simulations and Modeling", Information, 16(11), pp 7917 - 7940.
Yilmaz,T. & Dube,S.(2014).“Asset Allocation&Stock Selection:Evidence from Static & Dynamic Strategies in Turkish Markets” İktisat İşletme & Finans Dergisi,29(344).
A. Perilioglu and S. Tuysuz (2015) “Conditional Sovereign Transition Probability Matrices”, Procedia Economics and Finance, Vol. 30, p. 643-655
Dube, S., Dube, M. & Turan, A. (Nov., 2015). "Information technology in Turkey: Creating high-skill jobs along with more unemployed highly-educated workers?" Telecommunications Policy 39(10), pp 811-829.
Ersan, O. Alici A. (2016). An unbiased computation methodology for estimating the probability of informed trading (PIN). Journal of International Financial Markets, Institutions & Money, 43 : 74–94.
Demir, E., Lau C.,K.,M., Alıcı, A., Ender Demir, Zeynep Aslı Alıcı & Marco Chi Keung Lau (2017). Macro explanatory factors of Turkish tourism companies’ stock returns. Asia Pacific Journal of Tourism Research, 22:4, 370-380.
A. Perilioglu, K. Perilioglu and S. Tuysuz (2017) “A risk sensitive approach for stressed transition probability matrices”, Journal of Risk Model Validation, 11(3), p:1-24 - SSCI
Tuysuz, S. and P. Pekel (2019) “A comparison of stochastic claims reserving Methods“, EJBMR-European Journal of Business & Management Research, 4(4), DOI:10.24018/ejbmr.2019.4.4.43
Tuysuz, S. (2019) “Reaction of overnight rate to its determinants under ’normal’ situation and during the financial turmoil of 2007-2009” EJBMR-European Journal of Business & Management, 4(4), DOI: 10.24018/ejbmr.2019.4.4.36
Tuysuz, S. and C. Lubochinsky (2019) “Macroeconomic news impact on interest rates and stock index conditional to their volatility” EJBMR-European Journal of Business & Management Research, 4(4), DOI: 10.24018/ejbmr.2019.4.4.48
Tuysuz, S. (2020) “Dynamic Relation between Global Islamic and Conventional Sectoral Stock and Bonds indexes “, Int. J. of Financial Engineering (IJFE)
Tuysuz, S. (2020) “LGD and RR Modeling”, Risk and Decision Analysis, vol. Pre-press, p.1-25, DOI: 10.3233/RDA-202063
Yalçın, H. & Dube, S. (2020). "Analysis of Market Timing Ability of Fund Managers under Changing market Conditions", Afro-Asian Journal of Finance and Accounting.
Papers published in national refereed journals:
Alıcı, A. (1999). Enflasyon Hedefinin Belirlenmesi – Para Politikası Açısından Değerlendirme. Banka ve Ekonomik Yorumlar, 1999/8, 33-41.
Alıcı, A. (2000). Maliye Politikası ve Sürdürebilirlik Kavramı – Türkiye Açısından Değerlendirme. İktisat Dergisi, 397-398, 11-18.
Alıcı, A.(2000). Finansal Sistem ve Nominal Gelirin Kontrolü, Prof. Dr. Yüksel Ülken’e Armağan – İstanbul Üniversitesi İktisat Fakültesi, 192-199.
Alıcı, A., ve Ucal,M. (2005). Inflation Targeting Framework Leading Indicator Variables of Inflation in Turkey . Çukurova Üniversitesi Sosyal Bilimler Dergisi, Cilt 14, Sayı 2, 31-44.
Alıcı, A. (2007). Para Politikası – Para Talebi İlişkisi: Türkiye için Eşbütünleme Analizi. Atatürk Üniversitesi İktisadi ve İdari Bilimler Dergisi, Cilt:21/1.
Aytekin, S. & Dube, S. (2016)."Piyasalararası Dinamikler:Hisse Senedi, Tahvil,Döviz ve Emtia Piyasaları Arasındaki Etkileşim ve Nedensellik İlişkileri”, ESOSDER,15(39).
Ünal, M. & Dube, S. (2017). "Trade-off between Operating & Financial Leverage and Interaction with Market Risk", Dokuz Eylul Universitesi Iktisadi ve Idari Bilimler Dergisi, 32(1).
Papers presented in international conferences:
Alıcı, A., ve Ucal M. (2003). Foreign Direct Investment, Exports and Output Growth of Turkey. Eurpean Trade Study Group (ETSG) 5th Annual Conference, Madrid 2003.
Alıcı, A., ve Ucal M. (2004). Effects of Exchange Rate Regimes on Macroeconomic Stability: Empirical Findings from the Turkish Economy, Economic Science Association (ESA) International Meeting, Amsterdam, 2004.
Tuysuz, S., “Conduite de la politique monétaire et mécanismes de transmission le long de la courbe des taux”, SESAME (Séminaire d’Etudes et de Statistiques Appliquées à la Modélisation en Economie), XIVèmes Journées, Pau, 2004
Alıcı, A.(2005). Causality Between Saving and Growth in Turkey. International Atlantic Economic Society 59th conference, 9-13 March 2005, London, England.
Alıcı, A.(2005). The Relationship Between Fiscal Policy and Current Account in Turkey. International Atlantic Economic Society 60th conference 6-9 October 2005, New York, USA.
Torabzadeh, K. & Dube, S. (2006). ”Valuation Effects of Partial Acquisitions”. Meeting of the Administrative Sciences Association of Canada , Banff, Canada.
Alıcı, A., and Ozgoker, U. (2006). Can Financial Regulations Strengthen Financial Stability in Developing Countries? The Case of Turkey. Frontiers of Regulation: Assessing Scholarly Debates and Policy Challenges Conference, University of Bath Centre for the Study of Regulated Industries (ECPR/CRI), 7-9 September 2006.
Tuysuz, S., “Effets de la transparence et de la crédibilité sur le mécanisme de transmission de la politique monétaire sur les taux d’intérêt: Le cas des Etats-Unis et du Royaume Uni ”, 23èmes Journées Internationales d’Economie Monétaire et Bancaire, Lille, 2006
Tuysuz, S., Y. Kuhry, “Interactions between interest rates and the transmission of monetary and economic news: the cases of US and UK”, Public Economic Theory, Hanoi (Vietnam), 2006
E. Spyromitros, S. Tuysuz “Do monetary policy transparency, independence and credibility enhance macro-financial stability?” 12th International Conference on Macroeconomic Analysis and International Finance, 29-31 May 2008, Crete
Alıcı, A.(2008). “An Empirical Investigation of twin Deficits: Evidence from Turkey” International Atlantic Economic Society (IAES) 65th conference Warsaw, Poland, April 9-13, 2008.
Ucal, M. Alıcı. A. Is Fiscal Policy Sustainable in Turkey . EBES 2009 Conference, Istanbul, June 1-2 2009.
C. Lubochinsky, S. Tuysuz “Macroeconomic news impact on interest rates and stock index conditional to their volatility”, AFFI, May 2009, Brest
Langdon W. L., Dube, S. & Mazumder, I. (2010). “The Use of Industrial Characteristics in the Prediction of Long Term Industrial Bond Performance”. Proceedings of the Northeast Business & Economics Association Conference.
Alıcı, A.(2012). The impact of financial globalization on income distribution: the Turkish case. International Atlantic Economic Society 73rd conference, Istanbul, Turkey, March 28-31, 2012.
Yılmaz, T. & Dube, S. (2012). “Asset Allocation and Stock Selection: Evidence from Turkish Markets”, FMA International, European Conference, Istanbul.
Alıcı. A.(2013). Financial regulation and financial stability: The Turkish case, IABPAD conference, Istanbul, Turkey, July 1-4, 2013.
Yalcin, H. & Dube, S. (March, 2015). “Evaluation of Market Timing Ability for REITs in Turkey”, Proceedings of the LODEF 2015 Congress.
Demir, E., Lau C.,K.,M., Alıcı, A.(2015). Macro explanatory factors of Borsa Istanbul Tourism Index, World Banking Finance Symposium, Hanoi 2015.
Yilmaz, T. & Dube, S. (July, 2016), “A Global Feasible Market Factor for Covariance Estimation along with Dynamic Asset Allocation”,XXIV Finance Forum, Spain.
Tuysuz, S. (2017) “Dynamic Relation between Global Islamic and Conventional Sectoral Stock indexes and Bonds”, Ecomod, Slovenia, July 2017
Tuysuz, S. and P. Pekel (2017) “A comparison of stochastic claims reserving methods”, Ecomod, Slovenia, July 2017
Tuysuz, S. and E. Unal (2017) “LGD Modelling - Comparison of models”, Ecomod, Slovenia, July 2017
Tuysuz, S. (2017) “LGD and RR Modeling - Comparison of models”, CRC, Edingburg, August/September 2017
Alıcı, A.,E.Demir,G.Gözgör.(2018). The Impact of Economic Crises on Female Labor Force Participation. International Atlantic Economic Society 89 th conference,11-14 October 2018, New York, USA.
Yalçın, H. & Dube, S. (2020). "Analysis of Market Timing Ability of Fund Managers under Changing market Conditions", (accepted) Gelisim-UWE 4th International Conference on Economics and Finance, April 23, 2020.
Papers presented in national conferences:
Alıcı, A., ve Ucal M.(2004). İhracatın Gelişimine Doğrudan Yabancı Sermaye Yatırımlarının Etkisi : Türkiye açısından Değerlendirme ve Ekonometrik Analiz. Türkiye İktisat Kongresi, İzmir
Alıcı, A. (2005). IMF Programlarının Yapısı İşleyişi ve Sonuçlarını Değerlendirme Yöntemleri. Sakarya Üniversitesi, İİBF, Konferans Serisi, Sakarya.
Tuysuz, S. (2017) “Dynamic Relation between Global Islamic and Conventional Sectoral Stock indexes and Bonds”, ISEFE, Istanbul, 28-29 October 2017
Tuysuz, S. (2019) “Comparison of the accuracy of models in forecasting VaR and ES through time”, RSEP-Istanbul 11-13 June 2019
Tuysuz, S. (2019) “Comparison of the accuracy of models in forecasting VaR and ES through time”, - S. Tuysuz (2019) “Workshop on Market Microstructure and Behavioral Finance (WMMBF) – 17-18 May 2019 Istanbul
Tuysuz, S. (2019) “Comparison of the accuracy of models in forecasting VaR and ES through time”, RSEP-Istanbul 11-13 June 2019
Alıcı, A. (2000). Finansal Sistem ve Nominal Gelirin Kontrolü, Prof. Dr. Yüksel Ülken’e Armağan – İstanbul Üniversitesi İktisat Fakültesi, 192-199.
Alıcı, A., Güzey Y. (2001). Küçük ve Orta Boy İşletmelerde Teknolojik Gelişme ve İzmit Örneği. Kocaeli Üniversitesi Vakfı; Yönetim ve İşletme Enstitüsü, Yayın no: 4, Kocaeli.
Dube, S., and Dube, M., Case Study: "If You Can't Beat Them, Join Them?" 2010, Ivey Publishing/ Harvard Business Review.
Dube, S., and Dube, M., Teaching Note: "If You Can't Beat Them, Join Them?" 2010, Ivey Publishing/ Harvard Business Review.
Dube, S. and Dube, M. (2017). "Basics First”, IFF Books, U.K.
Dube, S., and Dube, M. (forthcoming). "Importance of Interdepartmental Control & Potential Pitfalls",Case Study for Chapter 20,C.Wankel, Ed., Palgrave Macmillan.
Alıcı, A. "Bireysel Emeklilik Aracıları Eğitim Merkezi” Projesi, Avrupa Birliği (AB) Katılım Öncesi Mali Yardım – Aktif İşgücü Piyasaları Projesi, AB – Türkiye İş Kurumu ( İŞKUR)- Kadir Has Üniversitesi Ortak Proje; Proje No : TR205.01/002/02/053. Koordinatör – Eğitim Koordinatörü, 1995 Mart – 1996 Şubat
Dube, S. "IS IT Green". Proje No 2013 1 IT1 LEO05 03999, European Union, Araştırmacı, 02/03/2015 - 30/09/2015
Dube, S. "Globalization and International Business, Turkish perspective", Proje Koordinatörü, State University of New York Merkezi Sistemi, Albany, New York, 28/08/2005 - 29/09/2006