Current Issues in Finance, Economy and Politics

ED BY ÇAĞATAY BAŞARIR

The book consists of 21 parts that discuss the developments in economy, finance and politics, theoretically and empirically. There are four main sections: Economics, Banking Sector, Stock Exchange and Financial Markets. Economics sections have six sub sections as monetary policy, economic growth, current deficit, international services trade, Eurasion economic union and public share. The second part of the book consists of six sub sections about the banking sector that is fundamental to the economic structure and the main actor of the financial sector. This main sector discusses the efficiency and performance of the banking sector and also shadow banking. In addition, the banking sector is analysed in the Islamic banking area. Furthermore, the interaction of the banking sector and technological developments are emphasized in a separate section in this part.

Content

Kurtuluş Bozkurt and Aytaç Pekmezci

1 Economic Growth and Current Deficit: An Analysis for OECD
Countries

Mehmet Güçlü

2 Determinants of Regional Economic Growth in Turkey

Engin Kurun

3 Determination of Public Share in the Turkish Economy and Possible
Role of Wealth Fund in Investment and Financing Policies

Muhittin Tolga Özsağlam

4 Integration Process in Post-Soviet Eurasia: Eurasian Economic Union

Ahmet Aydın

5 Competitiveness of Turkey in the Context of International Services
Trade with OECD Countries

Haydar Karadağ and Mustafa Şit

6 Does the Monetary Policy of the Central Bank Lead to a Housing
Bubble? Empirical Analysis for Turkish Economy

Hale Silvaand Tuncer Çalışkan

7 The Efficiency and Profitability of the Turkish Banking Sector

Ömer Faruk Rençber

8 A Research on the Factors Affecting Profitability in Banks with
Ridge Regression Analysis

Serpil Altınırmak and Yahye Hassan Abdi

9 Examination of Islamic Banks Operating in Turkey in Terms of
Efficiency and Productivity According to Multi-criteria Decision-
Making Methods

8 Contents

Mehmet Sabri Topak

10 Credit Risk in the Turkish Banking Sector: A Study on 1990–2017
Period

Serçin Şahin

11 Shadow Banking, Leverage Cycles, and the Great Recession

Melike Torun and Onur Duygu

12 Globalization 4.0 and Banking Sector

Dilek Demirhan and A. Rutkay Ardoğan

13 An Alternative Way of Financing for Entrepreneurs: Crowdfunding

Ozan Gülhan and Alban Hetemi

14 Consequences of Money Laundering: An Audit and Governance Perspective

Yasemin Dumrul and Zerrin Kılıçarslan

15 The Relationship between Exchange Rates and Interest Rates: The
Case of Turkey

Sefer Uçak, A. Gamze Aytekin and Özlem Kuvat

16 Inflation-Exchange Rate Relationship: The Case of Turkey

Levent Korap

17 Theoretical Modeling Basis of TL/US Dollar Exchange Rate: An Econometric Practice

Burçay Yaşar Akçali

18 Testing of Overconfidence Hypothesis in Borsa Istanbul

1. Kenan Terzioğlu

19 Long Memory Model: BIST 100 IndexMehmet Özer

20 Underpricing in Initial Public Offerings: Turkey, 2011–2013

Berna Serener

21 Dividend Policy Studies in Turkey

The Editor

Çag ̆atay Bas ̧arır works as an academician at Bandirma Onyedi Eylul University, Inter- national Trade and Logistics Department. He has studies on financial markets, stock exchange markets, commodity markets and precious metals in the field of time series analyses, multi-criteria decision analysis and performance measurement. He instructs financial management, financial analysis, financial markets, international finance and portfolio management lessons both in graduate and undergraduate degree.