Projects

Global Behavioral Science Project in Financial Decision Making in Low- to Moderate-Income Households in Türkiye / Türkiye’deki düşük ve orta gelirli hane halkının, finansal refah düzeylerini artırmada davranışsal finansın uygulaması global proje

Türkiye’de düşük ve orta gelirli hane halkının finansal refah düzeyini geliştirme kapsamında finansal karar aşamalarında, davranışsal finansın prensiplerini kullanarak olumlu davranış değişikliklerine yol açabilmek üzere müdahaleler (nudge intervention) geliştirmek konulu projemiz sadece dünyada değil ülkemizde de finansal refah düzeyinin sağlanması…

Rapid Advisory Response for SMEs: An Assessment of the SME Sector in Türkiye for project developed for  the European Bank for Reconstruction and Development (EBRD) and MoIT / KOSGEB (Small and Medium Enterprises Development Organization of Türkiye)

A preliminary data-oriented study for a validated algorithm for the classification SMEs of Türkiye according to various criteria, the outlook of their financial vulnerabilities, identification of systemic influence channels and the development of appropriate policies.

Ispartakule-Cerkezkoy Rail Project

A gap analysis of the existing EIA and other relevant documentation against applicable Turkish legislation, EU legislation, EBRD 2014 Environmental and Social Performance Requirements, and World Bank Group’s EHS guidelines was carried out to critically review and evaluate the environmental…

Decomposition of Time-Varying Risk Premia in Equity Markets

This study aims to document the time varying risk premia for market, size, value and momentum factors for Turkish equity market, using a sophisticated conditional asset pricing model and lay out the changing power of state variables in determining the…

Ambiguity, High-Frequency Data and Asset Prices

Ambiguity plays a significant role in decision making, yet its exact definition and measurement eludes researchers. This study takes a practical approach to view ambiguity as volatility of probabilistic distributions in financial markets and proposes to measure it using high…