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Bilecik Üniversitesi · Department of Public Finance

This study examines the scenarios that increase household incomes by utilizing the social accounting matrix with an income multiplier analysis, which includes five main accounts, namely, the households, the companies, the government, the investment-saving, and the rest of the world. In this context, first, we split the social accounting matrix into...

Along with the global financial crisis that took place in 2008, the ineffectiveness of other policies used for exiting from the crisis has brought back the feasibility of fiscal policy as an alternative. It is accepted that the only way to overcome the severe shrinking of the total demand during the 2008 global financial crisis is expansionary fisc...

It is well-known that financial connectedness tends to surge during financial/geopolitical turmoils. To this end, this study examines the impact of the COVID-19 pandemic on cryptocurrency connectedness by employing the Diebold-Yilmaz and the frequency connectedness approaches. Total spillover indexes estimated by both methodologies create proper si...

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Çin’in Wuhan kentinde 2019 yılının aralık ayında ortaya çıkan ve hızla tüm dünyaya yayılarak etkisini gösteren Covid-19’un neden olduğu negatif etkiler pek çok alan gibi kamu maliyesini de doğrudan etkilemiştir. Salgının seyrinin artması, sağlık harcamalarını ciddi anlamda yükseltmiş ve kapanmalar (lockdown) nedeniyle ülke ekonomileri neredeyse dur...

In this work, we analyze fiscal sustainability for 26 EU and PIIGS countries in terms of Bohn's (2008) approach. In this context, we use primary surplus-to-GDP, public debt-to-GDP, government revenues/expenditures-to-GDP, business cycle, and fluctuations in government expenditures variables in the period 1995-2018. A positive and long-run relations...

Neoliberalism, After the Second World War; the social, cultural, and economic dimensions of the policies carried out with the rise of the developmental tendency have gained importance. The fact that the national income accounts did not show the relations between the accounts so clearly caused the use of social accounts that show the relations betwe...

Fiscal space has drawn attention and has been analyzed extensively in the recent past by the public finance literature. Despite the use of fiscal space varies according to the development levels of countries, there is a consensus on the positive impact of creation of fiscal space on the economies. Fiscal space creation is gaining importance during...

Along with the global financial crisis that took place in 2008, the ineffectiveness of other policies used for exiting from the crisis has brought back the feasibility of fiscal policy as an alternative.It is accepted that the only way to overcome the severe shrinking of the total demand during 2008 global financial crisis is expansionary fiscal po...

Along with the global financial crisis that took place in 2008, the ineffectiveness of other policies used for exiting from the crisis has brought back the feasibility of fiscal policy as an alternative. It is accepted that the only way to overcome the severe shrinking of the total demand during the 2008 global financial crisis is expansionary fisc...

The Pigouvian taxes that are used to internalize negative externalities by policy makers in order to reduce green gas emission nowadays. These taxes are called as environmental taxes which are levied in European Union (EU) countries mostly. The efficiency of environmental taxes in reducing CO2 emission is investigated in this study. In this regard,...