Rasim Özcan

İktisat Bölümü, başta Türkiye ve çevre ülkeler olmak üzere küresel ekonomileri anlayan, var olan sorunları analiz ederken, iktisadi kuramları ve kavramları yetkin ve özgün bir şekilde kullanma becerisine sahip bireyler yetiştirmeyi amaçlamaktadır.

Adı Soyadı

Rasim Özcan

İlgi Alanları

Ekonomi,Finansal piyasalar, Manipülasyon ve Düzenleme, Blockchain Kripto Para Birim

Kurumdaki Durumu

Pasif Personel

Detaylı Öğe Kaydı

Arama Sonuçları

Listeleniyor 1 - 10 / 20

The rise of robots! effects on employment and income
(Marmara Üniversitesi, 2019) Özcan, Rasim; Özcan, Rasim; Yönetim Bilimleri Fakültesi, İşletme Bölümü
Disruptive technological advances will have profound impacts on the employment landscape over the years to come. As in the past, new technologies will change the way humans live and work. Some occupations will become obsolete, while new occupations will emerge. Consequently, people will be displaced from some occupations, be forced to require new skills so that they can work in new occu- pations. Although the introduction of new technologies –robotization– has many dimensions, its effe- cts will range from structural unemployment to distribution of labor income. The first question would be what will be the impact of new technologies on labor demand? Given that new technologies expectedly increase productivity, hence income, the second question would be how the raise be distributed between low and high skilled labor. Hence, this study focuses on the effects of robotization on the structural unemployment, its implications on labor demand and its income distribution effects. I review the current situation of robotization, and make recommendations to policy makers and corporate managers to get prepared for accelerating robotization and not only to mitigate its potential adverse effects on employment and income distribution, but also to take this as an opportunity to increase the quality of life for all.
Fintech adoption in Pakistan: Mobile Wallet Service (MWS) over GDP causality evidence for pre and post COVID-19
(Kinnaird College for Women, 2023) Latif, Muhammad Nouman; Özcan, Rasim; Özcan, Rasim
This paper aims to analyze the use of mobile wallet services in Pakistan and how they affect both the economy and people's daily lives. Socioeconomically disadvantaged households in Pakistan will swiftly use mobile wallet services due to the increasing adoption of technology. Socioeconomic considerations are the most commonly used criterion for determining whether someone is underbanked or unbanked. We used data on mobile wallet services (MWS) and GDP from the State Bank of Pakistan for the period of 2013 to 2022. We conducted a causality test to ascertain the relationship between Pakistan's GDP and mobile wallet service. We discovered that the relationship between mobile wallet service and GDP is unidirectional. We then conducted an ordinary least square regression analysis, and the findings showed a positive correlation between GDP and mobile wallet service, confirming the causality. Because it is incredibly user-friendly and convenient for clients, it demonstrates that this service attracts attention from the public. Many low-income individuals use it, especially during the COVID-19 pandemic, as opposed to using standard banking systems. We recommend that financial literacy initiatives be taken seriously in order to promote equal financial inclusion in the economy. Mobile wallet users should be encouraged to keep using the service in order to aid the government in revenue mobilization. Additionally, it prevents the movement of illicit funds or fraudulent activity in the financial sector.
Decentralized finance
(Springer Nature, 2021) Özcan, Rasim; Özcan, Rasim; Yönetim Bilimleri Fakültesi, İşletme Bölümü
Newer and better ways of financing lubricates the wheels of an economy. In recent years, there have been phenomenal changes in technologies used in finance. One of such technologies was introduced by creating the first cryptocurrency Bitcoin. The technology behind this invention is known as blockchain. Although there are and there might be other use cases of blockchain technology, the finance era is important and currently it is the most adapted industry; currently there are a number of cryptocurrencies, tokens, smart contract applications among others. This article seeks to introduce the basics of—so called—decentralized finance (DeFi) through an exploration of blockchain technology in the field of finance. The focus is on the definition of decentralized finance, its elements, its current state and its future. Elimination of intermediary need, easier access, improved inclusiveness, and transaction speed, flexibility to write any contract that can be codable, immutability of transactions, better interoperability and censorship resistance are some of the main advantages of blockchain. Additionally, increased privacy, transparency, enhanced security, efficiency in the form of reduction in overhead costs for banks, and trust are considered as the benefits of blockchain technology in finance, hence for DeFi. Its power need due to the excessive computer power needs, setting standards in validating new blocks and in communicating between different networks are important issues. Besides, user experience, scalability, current speed of blockchain networks, regulations like AML and KYC requirements, the lack of regulation in DeFi, and interoperability are key issues as well. In summary, the current state of DeFi markets is not technologically able to provide a worldwide service at the scale the centralized finance provides. It needs improvements in its technology and sound regulations to gain wide acceptance.
The language of sustainability: Exploring the implications of metaphors on environmental action and finance
(Corvinus University of Budapest, 2023) Napari, Ayuba; Özcan, Rasim; Khan, Asad ul Islam; Özcan, Rasim; İnsan ve Toplum Bilimleri Fakültesi, İktisat Bölümü
The relationship between humans and the environment is complex. To capture this complex relationship, metaphors/concepts have always been used. The most prominent of these metaphors/conceptions is the limits concept. This views the natural environment in terms of its carrying capacity and contend that human actions must be controlled so as not to overwhelm the environment. For overburdening the environment will result in a collapse of the natural system. The environmental optimists on the other hand discount the carrying capacity contending that human ingenuity and the market mechanism will overcome any temporary environmental problems that may arise. A tempered version of both is the political-ecological class of metaphors/conceptions which emphasize the political, cultural, and economic factors responsible for environmental decay and/or restoration. In this study, the implications of these metaphors/conceptions on environmental action and environmental finance are examined. It is concluded that, the limits conception views environmental action as a top-bottom endeavor and places governmental and multilateral organizations at the center of environmental and climate finance. The neoclassical and technological optimist concepts contend that, the current capitalist structure is well suited to tackle environmental externalities and government policy should encourage eco-innovation preferable through public-private partnerships. The tapestry and the political-ecological class of metaphors envisages a role for central authorities as well as private local individuals with crowdfunding and corporate social/environmental responsibilities along with governmental and multilateral aid and public-private partnerships being some of the main sources of funds for environmental protection and restoration.
Till debt does us apart: Cross-country evidence on the relationship between microfinance prevalence and social distrust
(Public Library Science, 2023) Masood, Syed Muhammad Usman; Özcan, Rasim; Khan, Asad ul Islam; Khan, Asad ul Islam; Özcan, Rasim; İnsan ve Toplum Bilimleri Fakültesi, İktisat Bölümü
Economic interventions have social consequences. In this paper, we explore one such relationship, between microfinance intensity and social distrust levels reported by the low-income people. We find a significant association between microfinance intensity in a country and distrust among the poor as well as ultra-poor in cross-section using World Values Survey & European Values Survey (WVS-EVS) Wave 7 (2017-2022). We supplement these findings using empirical Bayes on a panel extending back from 7th to the 4th WVS wave (1999-2004). To deal with potential endogeneity, we run 2SLS as well as weak instruments-robust conditional instrumental variable tests and find evidence showing microfinance prevalence intensity affects distrust levels among the poor and ultra-poor households. We find no association between microfinance and distrust levels in the rich in any of the tests, potentially because the rich are not exposed to microfinance.
Determinants of job mismatch among graduates: A case study of clerical workers at Lahore, Pakistan
(Penerbit Univ. Kebangsaan Malaysia, 2022) Chaudhry, Mumtaz Anwar; Khalid, Rabia; Özcan, Rasim; Özcan, Rasim; İnsan ve Toplum Bilimleri Fakültesi, İktisat Bölümü
Job mismatch among graduates reflects inefficiencies in the labor market. An imbalance between the demand and supply of graduates in the labor market leads to a horizontal mismatch. Nations make progress based on knowledge and education but despite obtaining higher education individuals are unable to find a job related to their field of study. This phenomenon occurs when educational institutes produce a large number of graduates while on the other hand, the supply of graduates exceeds the demand for graduates. This study aims to find out the determinants of horizontal mismatch and to analyze the reasons why workers have accepted the mismatched job. By using the worker’s self-assessment method required data is collected from the clerical workers of public and private sector universities at Lahore in 2019. These universities include the University of the Punjab, Lahore, and the University of Management and Technology, Lahore. Results of Logistic Regression analysis concluded that cost of job search, asymmetric information, and methods used to find a job are the most important determinants of job-mismatch. This study has also analyzed the reasons why workers have accepted their present mismatched job. Findings concluded that individuals accepted mismatched-job due to pay and promotion opportunities and a good working environment. This study suggested establishing linkages between educational institutes and industries to better formulate the policy that reduces the extent of horizontal mismatch.
Choosing solitude in turmoil, herding in the decentralized finance (DeFi) token market: An international perspective
(Korea Distribution Science Assoc, 2022) Özcan, Rasim; Khan, Asad ul Islam; Turgut, Murat; Napari, Ayuba; Khan, Asad ul Islam; Özcan, Rasim; İnsan ve Toplum Bilimleri Fakültesi, İktisat Bölümü
Financial markets have long been known to be prone to behavioral biases. One such behavioural bias that is consequential yet pervasive in financial markets is the herd effect. The objective of this study is to determine whether or not there exist herd behaviour in the new and bourgeoning Decentralized Finance (DeFi) Tokens market. This is accomplished by using daily returns of 22 DeFi tokens from January 29, 2017 to August 19, 2021, and the Cross-sectional Absolute Deviation (CSAD) of market returns to capture herd behavior. The results fail to provide any evidence of herding in the DeFi token market on bullish days, that is days for which the average market returns is positive. For bearish days however, that is days for which the market returns is negative, our empirical findings point to the presence of adverse herding in the DeFi token market. This phenomenon can be explained to some extent by the investor composition of the DeFi market. The DeFi token space is a growth market dominated by experts and/or enthusiasts who are insulated against the temptation and panic of negative market swings by the level of market and technical information they possess on the assets they invest.
Assessing the impact of financial obstacles on manufacturing firm's capacity utilization: Bayesian approach
(University Indonesia, 2023) Hassan, Arab Dahir; Özcan, Rasim; Özcan, Rasim; İnsan ve Toplum Bilimleri Fakültesi, İktisat Bölümü
This study investigates the relationship between financial obstacles and the capacity utilization of manufacturing firms. It departs from previous studies by employing a Bayesian linear regression analysis. The results demonstrate the considerable negative effect that financial constraints have on the capacity utilization of manufacturing enterprises, while access to credit lines has a positive ef-fect. The sample consists of 1,494 private manufacturing firms in 31 European and Central Asian countries. Financial obstacles were perceived as a major impediment to business operations by 65% of the enterprises surveyed. Furthermore, 52% of enterprises in the sample have access to loans from financial institutions, while 47% have no access to credit lines. This implies that the manufacturing sector’s capacity to tap into financial market resources and surmount financial barriers both is vital to its survival and presents a significant challenge.
Threat of intervention in cryptocurrency market: West side story of Bitcoin and Ripple
(Bucharest University of Economic Studies, 2023) Aysan, Ahmet Faruk; Khan, Asad ul Islam; Isac, Nicoleta; Drammeh, Ousman; Özcan, Rasim; Khan, Asad ul Islam; Özcan, Rasim; İnsan ve Toplum Bilimleri Fakültesi, İktisat Bölümü
This study examines the impact of intervention threats on the price and volume volatility of Bitcoin and XRP. Using the Threshold or GJR-GARCH model, we analyse the relationship between news shocks (representing intervention threats) and the volatilities of Bitcoin and XRP price and volume returns, based on data from January 2014 to April 2021. The results indicate a significant association between news shocks and Bitcoin's price volatility, suggesting that intervention-related news events have a notable impact. However, the relationship between news shocks and XRP's price volatility is insignificant. Notably, XRP's volume returns demonstrate a positive and significant relationship with news shocks, while Bitcoin's volume returns do not exhibit a significant relationship. Additionally, past shocks and conditional variance shocks significantly contribute to the volatility of today's price or volume returns. These findings suggest that Ripple (XRP) may benefit from the implicit threat of intervention, strategically managing its availability to control price surges.
The impact of US sanctions on the Consumer Price Index (CPI) of Turkey
(Academy of Economic Studies, 2021) Badshah, Waqar; Abdul-Malik, Amaama; Khan, Asad ul Islam; Özcan, Rasim; Khan, Asad ul Islam; Özcan, Rasim; İnsan ve Toplum Bilimleri Fakültesi, İktisat Bölümü
This paper addresses the assessment of effect of the sanctions imposed on Turkey by the United States of America in the year 2018 on the Consumer Price Index (CPI) of Turkey. The study used a cross sectional data from the 81 provinces in Turkey for the periods of 2016 to 2018 from Turkish Statistical Institute (TUIK). Dummy variable with Ordinary Least Squares (OLS) estimation method is used to determine that how the sanctions affected the CPI over that period by looking at the years before 2018, the year the sanctions were imposed.

Özcan, Rasim

Araştırma projeleri

Organizasyon Birimleri

Adı Soyadı

İlgi Alanları

Kurumdaki Durumu

Filtreler

Yazar

Konu

Tarih

İndeks

WoS Q

Scopus Q

Dil

Tür

Bölüm

Erişim Hakkı

Tam Metin

Öğe Türü

Ayarlar

Sırala

Sayfa Başına Sonuç

Arama Sonuçları