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World productivity growth: a model averaging approach (2017)
Journal Article
Duygun, M., Hao, J., Isaksson, A., & Sickles, R. C. (in press). World productivity growth: a model averaging approach. Pacific Economic Review, 22(4), https://doi.org/10.1111/1468-0106.12238

Policy makers and the economic researchers who provide them estimates of economic activity need to have an informative and scientifically-based method to develop a consensus estimate for the most basic of the productivity measures, total factor produ... Read More about World productivity growth: a model averaging approach.

Corporate pension plans and investment choices: bargaining or conforming? (2017)
Journal Article
Duygun, M., Huang, B., Qian, X., & Tam, L. H. (2018). Corporate pension plans and investment choices: bargaining or conforming?. Journal of Corporate Finance, 50, https://doi.org/10.1016/j.jcorpfin.2017.10.005

This paper investigates the impacts of defined-benefit (DB) pension plans on the corporate investment choices between diversifying and non-diversifying investments. We find a firm’s DB plan coverage is negatively associated with its propensity of mak... Read More about Corporate pension plans and investment choices: bargaining or conforming?.

Religiosity versus rationality: depositor behavior in Islamic and conventional banks (2017)
Journal Article
Aysan, A. F., Disli, M., Duygun, M., & Ozturk, H. (2018). Religiosity versus rationality: depositor behavior in Islamic and conventional banks. Journal of Comparative Economics, 46(1), https://doi.org/10.1016/j.jce.2017.03.001

This study investigates the behavioral aspects of Islamic bank depositors in a dual banking system. By categorizing depositors into groups based on the amount of their deposited funds, we estimate the responses of these groups to interest rate change... Read More about Religiosity versus rationality: depositor behavior in Islamic and conventional banks.