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Articles

 

Recent Submissions

  • DPRK AND THE CTBT: WHAT COULD COME NEXT AFTER THE MORATORIUM? 
    Mukatay, Zhaniya; Niu, Qiyang; Kim, Haeyoon (Journal for Peace and Nuclear Disarmament, 2022)
    At the 25th anniversary of the opening for signature of the Comprehensive Nuclear-Test-Ban Treaty (CTBT), this paper seizes the opportunity of a self-imposed nuclear test moratorium by the Democratic People’s Republic of ...
  • PROFIT SHARING AND INCENTIVES 
    Ozdenoren, Emre; Rubanov, Oleg (International Journal of Industrial Organization, 2022)
    We model a firm as a team production process subject to moral hazard and derive the optimal profit sharing scheme between productive workers and outside investors together with incentive contracts based on noisy performance ...
  • OIL PRICE SHOCKS AND GREEN BONDS: AN EMPIRICAL EVIDENCE 
    Azhgaliyeva, Dina; Kapsalyamova, Zhanna; Mishra, Ranjeeta (Energy Economics, 2022)
    This paper contributes to the existing literature by investigating the impacts of crude oil price shocks on financial markets through an examination of the effect of oil price shocks on the issuance of corporate green ...
  • TRADE CREDIT AND FINANCIAL CRISES IN KAZAKHSTAN 
    Adilkhanova, Zarina; Nurlankul, Aruzhan; Token, Aizat; Yavuzoglu, Berk (Journal of Asian Economics, 2022)
    This paper studies the trade credit and delinquency behavior in Kazakhstan paying attention to the effects of two recent crises using a unique dataset of large firms and SMEs from the year 2009 to 2016. Our estimates ...
  • THE EFFECTS OF COVID-19-RELATED DRIVING RESTRICTIONS ON AIR QUALITY IN AN INDUSTRIAL CITY 
    Assanov, Daulet; Kerimray, Aiymgul; Batkeyev, Birzhan; Kapsalyamova, Zhanna (AAGR Aerosol and Air Quality Research, 2021-05-21)
    To slow the spread of COVID-19, the state of emergency was announced in Kazakhstan on March 16, 2020. Ust-Kamenogorsk instituted COVID-19 lockdown measures on April 2, 2020. The restrictions reduced the flow of traffic in ...
  • THE IMPACT OF SOCIAL DISTANCING ON BOX-OFFICE REVENUE: EVIDENCE FROM THE COVID-19 PANDEMIC 
    Kim, Kyung (Quantitative Marketing and Economics, 2020-10-21)
    In this paper, I study the short-run effect of social distancing due to the COVID-19 outbreak on movie demand and box-office revenue. Using longitudinal data on the Korean movie theater industry, I first estimate a nested ...
  • WHY ENERGY ACCESS IS NOT ENOUGH FOR CHOOSING CLEAN COOKING FUELS? EVIDENCE FROM THE MULTINOMIAL LOGIT MODEL 
    Kapsalyamova, Zhanna; Mishra, Ranjeeta; Kerimray, Aiymgul; Karymshakov, Kamalbek; Azhgaliyeva, Dina (Academic Press, 2021-05-11)
    The transition to sustainable energy requires an assessment of drivers of the use of clean and dirty fuels for cooking. Literature highlights the importance of access to clean fuel for switching from dirty fuels to clean ...
  • Return to the countryside: The return intentions of highly educated young people in the Akmola province of northern Kazakhstan 
    Sagyndykova, Galiya; Buchenrieder, Gertrud; Dufhues, Thomas; Möllers, Judith; Runschke, David (Wiley, 2019-10-19)
    The rural out‐migration of young people leads to problems such as “brain drain” and the overageing of the rural population. The purpose of this paper is to study return migration motives among students originating from ...
  • Spatial electricity market data for the power system of Kazakhstan 
    Assembayeva, M.; Egerer, Jonas; Mendelevitch, Roman; Zhakiyev, Nurkhat (ELSEVIER, 2019-04)
    The data presented in this article are related to the research article “A spatial electricity market model for the power system: The Kazakhstan case study” (M. Assembayeva et al. 2018). This data article presents information ...
  • Resale in second-price auctions with costly participation 
    Celik, Gorkem; Yilankaya, Okan (International Journal of Industrial Organization, 2017-09-01)
    Abstract We study sealed-bid second-price auctions with costly participation and resale. Each bidder chooses to participate in the auction if her valuation is higher than her optimally chosen participation cutoff. If resale ...
  • Eliminating useless portfolios in constrained financial economies 
    Aouani, Zaier; Cornet, Bernard (Economic Theory, 2016-10-21)
    When financial investors’ portfolio holdings are unconstrained, financial economies are assumed, w.l.o.g., to have no redundant assets. Indeed, eliminating redundant assets allows to replace the initial financial structure ...