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    AN EMPIRICAL ANALYSIS OF THE DETERMINANTS OF CHILD POVERTY IN EUROPEAN COUNTRIES
    (Babes-Bolyai Univ, 2024) Tekdemir, Nazmiye; Yilmaz, Hakki Hakan
    The main objective of the study is to analyze the significance of the determinants of child poverty before and after social transfers and to assess how child poverty differs from adult poverty. In the empirical part of the study, the panel data analysis method is used for a total of 12 years and 31 European countries between 2006-2017. The main findings of the study show that GINI coefficient, per capita income, female employment, household size and property status of the dwelling are significant determinants of child poverty. The empirical finding reveals that in the selected countries, the impact of social transfers in reducing child poverty is more limited than the impact of social transfers in reducing adult poverty and that social protection programs should be designed and implemented more intensively to reduce child poverty. The study suggests that to combat child poverty in EU countries, it is necessary to review social programs that focus on child inequality programs in a multi-sectoral framework with a view to designing more effective public policies.
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    Financial Performance and Risk Areas of University Training and Research Hospital Revolving Funds
    (Turkiye Orta Dogu Amme Idaresi Enstitusu, 2018) Yilmaz, Hakki Hakan; Varol Iyidogan, Pelin; Balikcioglu, Eda
    Revolving funds have become critical institutions in terms of public finance due to our financial management system and the effects on corporate performance. In our study, the revenue, expenditure and debt structure of 42 university revolving fund hospitals are analyzed by panel data analysis for 2009-2015 period. The results of the analysis show us that change in the structure in income and expenses is a significant on revolving fund deficits and debts. The concrete steps to be taken to improve expenditure management beside increasing revenues in the university revolving funds will result in improving financial performance. The improvement of the fiscal management system based on the efficiency in the hospitals through interdisciplinary studies and the establishment of an effective internal control system are inevitable for ensuring better fiscal performance and financial sustainability.
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    How Fiscal Policies Affect Credit Rates: Probit Analysis Of Three Main Credit Rating Agencies' Sovereign Credit Notes
    (Babes-Bolyai Univ, 2019) Balikcloglu, Eda; Yilmaz, Hakki Hakan
    The aim of this study is to identify the relationship between fiscal policy and sovereign credit ratings within a comparative framework for the post-2000 period. In this study, indicators affecting credit notes of three rating agencies through domestic savings, growth, inflation, unemployment, current account balance and public revenues, public expenditures, primary deficits, budget deficits and public debt data for selected countries for the period between 2001 and 2016 are evaluated by using probit analysis under four scenarios. The study reveals that growth, unemployment, savings, current account deficit and public debt have come to the forefront in the realizations and far estimates, while the main indicators in the public sector, namely the impact of expenditure, deficit, primary balance and debt on rating decisions, are more dominant in the near estimates. These results show that the factors that are differentiating the credit rating evaluation period are the indicators of public finance. It seems that models used by the credit institutions are more likely to show short-term outcomes in the sense of public finance parameters mainly reflecting the macroeconomic responsibility level of the ruling governments.