A. Talha Yalta

About A. Talha Yalta

A. Talha Yalta, With an exceptional h-index of 14 and a recent h-index of 10 (since 2020), a distinguished researcher at TOBB Ekonomi ve Teknoloji Üniversitesi, specializes in the field of Econometrics, Macroeconomics.

His recent articles reflect a diverse array of research interests and contributions to the field:

Dynamics of deposit dollarization in Turkey

Capital flight and the real exchange rate: evidence from resource scarce MENA countries

The Determinants of Defense Spending in the Gulf Region

Deposit Dollarization in Turkey: A Rolling Window Analysis

Time varying determinants of US demand for defense spending in the post-Cold War era

Determinants of economic complexity in MENA Countries

Capital Flight and the Real Exchange Rate in Resource Scarce MENA Countries

A. Talha Yalta Information

University

TOBB Ekonomi ve Teknoloji Üniversitesi

Position

___

Citations(all)

718

Citations(since 2020)

320

Cited By

503

hIndex(all)

14

hIndex(since 2020)

10

i10Index(all)

17

i10Index(since 2020)

11

Email

University Profile Page

TOBB Ekonomi ve Teknoloji Üniversitesi

A. Talha Yalta Skills & Research Interests

Econometrics

Macroeconomics

Top articles of A. Talha Yalta

Dynamics of deposit dollarization in Turkey

Authors

A Yasemin Yalta,A Talha Yalta

Journal

Journal of Economic Analysis

Published Date

2024

Deposit dollarization in Turkey has been on the rise, reaching record levels in 2022. This was caused by the worsening macroeconomic fundamentals along with the transition to the presidential system in 2018 and the associated deviation from the monetary policy stance afterward. The unique case of Turkey presents an excellent natural experiment to explore the dynamics of deposit dollarization and how it is affected by the changes in the institutional structure as well as various social, economic, and financial shocks in a relatively short time. This study examines the time varying reactions of deposit dollarization for the period between 2013 and 2022 based on rolling window maximum entropy bootstrap estimates. Our findings reveal that all the model variables had significant and sometimes asymmetric effects on deposit dollarization during the different stages of this turbulent period. In particular, we observe diminishing effects of real exchange rate, policy credibility and consumer confidence over time. The findings provide ample new evidence regarding the dynamics of deposit dollarization in general, and how it is affected by loss of monetary policy credibility.

Capital flight and the real exchange rate: evidence from resource scarce MENA countries

Authors

A Yasemin Yalta,A Talha Yalta

Journal

Middle East Development Journal

Published Date

2023/11/21

We analyze the determinants of capital flight in three resource scarce MENA countries namely Egypt, Morocco, and Tunisia. Our methodology involves both the linear and nonlinear autoregressive distributed lag (ARDL) cointegration approaches, with a focus on asymmetric relationships between capital flight and the real exchange rate, to distinguish the impact of real appreciation and depreciation of domestic currency on capital flight. The results based on nonlinear ARDL approach using annual data between 1977 and 2019 indicate that in Egypt, financial openness is negatively related with capital flight, while real depreciation seems to increase it in the long run. Our findings also reveal that the real GDP growth rate, institutional quality as well as inflation are important factors affecting capital flight in Morocco, whereas financial openness and the real exchange rate influence capital flight significantly in Tunisia.

The Determinants of Defense Spending in the Gulf Region

Authors

A Talha Yalta,A Yasemin Yalta

Journal

Defence and Peace Economics

Published Date

2022/11/17

We examine the determinants of military spending of the six countries in the Gulf Region by using a partial adjustment model in a system setting estimated with the three-stage least squares (3SLS) method. Our model takes into consideration the institutional inertia as well as intercountry correlations, both observed and unobserved. In addition to economic variables, we also consider a series of strategic variables to shed light on various issues such as free riding and spill-in effects. Our findings based on annual data between 1980 and 2016 indicate that the military expenditures are influenced by both economic and strategic factors with a high degree of heterogeneity across different countries. Our results also show that the GCC member countries do not free ride on each others’ military expenditures. In addition, the US military presence is an important determinant of defense spending in the region.

Deposit Dollarization in Turkey: A Rolling Window Analysis

Authors

A Yasemin Yalta,A Talha Yalta

Journal

ERF 28th Annual Conference Papers

Published Date

2022/5/17

In the recent years deposit dollarization in Turkey has been on the rise, reaching record levels in 2021. This was caused by a series of economic as well as political shocks namely the coup attempt in 2016, the switch to the presidential system in 2018, and the Covid-19 pandemic in 2020. This study contributes to the literature by examining the time varying reactions of deposit dollarization to the changing inflation, interest rate volatility, real exchange rate, and the consumer confidence before and after these shocks experienced by the country. The results based on rolling window maximum entropy bootstrap estimates, and monthly data between 2013 and 2021, reveal that all of the model variables had significant and sometimes asymmetric effects on deposit dollarization during different stages of this turbulent period. In particular, we observe a weakening effect of both inflation and the real exchange rate over time, while the impact of interest rate volatility increases after 2017. Therefore, a policy change toward increasing monetary policy credibility is required for achieving de-dollarization in the Turkish economy.

Time varying determinants of US demand for defense spending in the post-Cold War era

Authors

A Talha Yalta,Furkan Tüzün

Journal

Defence and Peace Economics

Published Date

2021/10/3

We adopt the maximum entropy bootstrap methodology in a rolling window framework in order to investigate the time varying determinants of the US demand for defense spending. Our results based on annual data between 1967 and 2018 show that the US defense demand is mainly driven by lagged military burden, economic growth, GDP share of non-military government spending, election cycle, relative costliness of defense as well as the Russian and the Chinese military burdens. Moreover, the signs and the magnitude of the coefficients show significant variations throughout the sample period. The results also provide a strong evidence of the rising rivalry between the US and China, reflecting the developments in the world economy and the global military arena in the last two decades.

Determinants of economic complexity in MENA Countries

Authors

A Yasemin Yalta,Talha YALTA

Journal

JOEEP: Journal of Emerging Economies and Policy

Published Date

2021

Middle East and North Africa (MENA) countries lag behind most of the emerging economies in terms of economic complexity. This study contributes to the literature by exploring the determinants of economic complexity in the MENA region for the period between 1970-2015 by employing a system GMM approach. The findings reveal that human capital is positively associated with economic complexity. However, natural resource rent has a negative influence on economic complexity, supporting the existence of Dutch disease for this country group. The results also indicate that the effect of natural resource rents on economic complexity depends on the accumulation of human capital

Capital Flight and the Real Exchange Rate in Resource Scarce MENA Countries

Authors

A Yasemin Yalta,A Talha Yalta

Published Date

2021/11/20

We analyze the determinants of capital flight in three resource scarce MENA countries namely Egypt, Morocco, and Tunisia. Our methodology involves both the linear and the nonlinear autoregressive distributed lag (ARDL) cointegration approach, with a focus on asymmetric relationships between capital flight and the real exchange rate in order to distinguish the effects of overvaluation or undervaluation of the domestic currency on capital flight. Based on annual data between 1975 and 2019, we demonstrate that capital flight responds more to the real exchange rate undervaluation in Egypt, and that the Arab Spring has resulted in higher capital flight in Egypt and Morocco in the long run. Our results also reveal that the real GDP growth rate and inflation are important factors affecting capital flight in Morocco, while the lagged values of capital flight and the institutional quality are more prevalent in Tunisia.

See List of Professors in A. Talha Yalta University(TOBB Ekonomi ve Teknoloji Üniversitesi)

A. Talha Yalta FAQs

What is A. Talha Yalta's h-index at TOBB Ekonomi ve Teknoloji Üniversitesi?

The h-index of A. Talha Yalta has been 10 since 2020 and 14 in total.

What are A. Talha Yalta's top articles?

The articles with the titles of

Dynamics of deposit dollarization in Turkey

Capital flight and the real exchange rate: evidence from resource scarce MENA countries

The Determinants of Defense Spending in the Gulf Region

Deposit Dollarization in Turkey: A Rolling Window Analysis

Time varying determinants of US demand for defense spending in the post-Cold War era

Determinants of economic complexity in MENA Countries

Capital Flight and the Real Exchange Rate in Resource Scarce MENA Countries

are the top articles of A. Talha Yalta at TOBB Ekonomi ve Teknoloji Üniversitesi.

What are A. Talha Yalta's research interests?

The research interests of A. Talha Yalta are: Econometrics, Macroeconomics

What is A. Talha Yalta's total number of citations?

A. Talha Yalta has 718 citations in total.

What are the co-authors of A. Talha Yalta?

The co-authors of A. Talha Yalta are Bruce McCullough, A. Yasemin Yalta.

    Co-Authors

    H-index: 30
    Bruce McCullough

    Bruce McCullough

    Drexel University

    H-index: 15
    A. Yasemin Yalta

    A. Yasemin Yalta

    Hacettepe Üniversitesi

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