Browsing by Author "Binatli A.O."

Now showing 1 - 3 of 3

Citation - Scopus: 49
The Impact of Syrian Refugees on the Turkish Economy: Regional Labour Market Effects
(MDPI AG, 2017) Esen O.; Binatli A.O.
The Syrian civil war resulted in mass migration out of Syria into the neighboring countries. Turkey has received the greatest number of refugees from Syria. The Syrian refugees mostly initially settled in refugee camps in Southeastern Turkey. As the Syrian conflict intensified and lengthened, the number of Syrian refugees in Turkey increased and the Syrian population started to reside in the neighboring provinces and started to have important effects on the local economy. In 2016, Syrian refugees were allowed to receive work permits and they became more dispersed geographically. This paper investigates the impact of Syrian refugees on regional labour markets. Panel data for the years 2004 through 2016 is utilized for 26 regions in Turkey. Syrian refugees are found to increase unemployment and decrease informal and formal employment. © 2017 by the authors.
Citation - Scopus: 6
Misalignment Under Different Exchange Rate Regimes: the Case of Turkey [1]
(Elsevier B.V., 2012) Dağdeviren S.; Binatli A.O.; Sohrabji N.
The paper examines misalignment of the Turkish lira between 1998 and 2011. We first estimate the equilibrium real exchange rate for Turkey, then compute misalignment and finally test for structural breaks in the misalignment series. Through our tests we find three structural regimes. Our results show that the lira was considerably overvalued in the first regime, which is when Turkey had a fixed exchange rate regime. This was not the case for the periods that had a floating exchange rate. Thus, we confirm that overvalued currencies that have been linked to financial crises are a more serious concern for fixed exchange rate regimes. More importantly, we find that volatility which is a bigger concern in floating regimes is a significant problem for Turkey in the last few years. In fact, the recent dangerously large and rising current account deficits may be a result of volatility rather than overvaluation. © 2012 CEPII
Citation - Scopus: 5
Misalignment Under Different Exchange Rate Regimes: the Case of Turkey [2]
(2012) Dağdeviren S; Binatli A.O.; Sohrabji N.
The paper examines misalignment of the Turkish lira between 1998 and 2011. We first estimate the equilibrium real exchange rate for Turkey, then compute misalignment and finally test for structural breaks in the misalignment series. Through our tests we find three structural regimes. Our results show that the lira was considerably overvalued in the first regime, which is when Turkey had a fixed exchange rate regime. This was not the case for the periods that had a floating exchange rate. Thus, we confirm that overvalued currencies that have been linked to financial crises are a more serious concern for fixed exchange rate regimes. More importantly, we find that volatility which is a bigger concern in floating regimes is a significant problem for Turkey in the last few years. In fact, the recent dangerously large and rising current account deficits may be a result of volatility rather than overvaluation. © La Doc. française.