Browsing by Author "Demirkilic, Serkan"

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Citation - WoS: 6
Citation - Scopus: 9
The Evolution of Unprocessed Food Inflation in Turkey: an Exploratory Study on Select Products
(Cambridge Univ Press, 2022) Demirkilic, Serkan; Ozertan, Gokhan; Tekguc, Hasan
Food price increases stem from economic, agricultural, and political factors. Understanding the dynamics behind the food price formation process and assessing how potential factors contribute to food price changes will significantly affect policies formulated to manage food price increases. High food inflation rates have been a chronic problem in Turkey over the last decade, with unprocessed food prices rising faster than general price levels. In this article, we use exploratory analyses based on economic principles rather than econometric analyses. First, our results indicate that exchange rates are strongly associated with domestic food prices due to dependence on imported inputs. Second, deep-dive analyses on select products show that global price movements and pass-through prices from producer to consumer are not solely responsible for price increases.
Turkey on the Fault Line: The Impact of the Earthquake on the Labor Market
(Wiley, 2025) Demirkilic, Serkan; Ozbay Das, Zuhal; Aydin, Guney
We assess the impact of the 2011 earthquakes of eastern Turkey on the labor market and the potential resilience strategy by exploring heterogeneity among subgroups. Our findings indicate a rise in low-skilled employment and an increase in the wage rates for low-skilled women following the earthquake. The instant response to earthquakes varies according to the residents' education level. The manufacturing sector was significant in enhancing the workers' resilience. The results further reveal that the return to the family business may have helped to mitigate the negative economic conditions created by the earthquakes.