Our Research Assistant Gizem Kaya Recieved “Best Dissertation Award”
Feb 18, 2016

11th Unal Aysal Economic Research Foundation Awards have found their owners. Gizem Kaya, Faculty of Management, Management Engineering Department Research Assistant, recieved the award for the Masters Dissertation completed at ITU Faculty of Management titled “Household Expenditure Flexibility and Child Expenditures – the Example of Turkey”.

The most outstansing dissertations were presented the awards during a ceremony held on 12 February, 2016. The ceremony attended by the Deputy Minister of Ministry of Science, Indusrty and Technology was held at Istanbul Commerce University as part of a Conference on Science, Technology Policies and Ar-Ge Legislation Studies. The award to Kaya was presented by the Rector of Istanbul Commerce University Prof. Nazım Ekren.

gizem kaya

In her dissertation titled “Household Expenditure Flexibility and Child Expenditures – the Example of Turkey”, completed under the supervision of Management Faculty Assoc. Prof. Raziye Selim, Research Assistant Gizem Kaya analyzed the changes in household expenditure in recent years.
Speaking about the method applied in the study Kaya explained that “We built Engel curves for 12 different product classes used in Turkish households in 2003,2007 and 2011 and estimated household expenditure flexibility for each year. The groups were further classified into low, middle and high categories by income. The flexibilities studied by their income were reflected in a model demonstrating the major differences between 2007 and 2011 years. After that the country-wide demand curves were applied to expenditures on children using the Engel method. At the end of the study the differences in the consummatory behaviour depending on the income groups were analyzed for each year.”
We congratulate our academicians and wish them continued success.