Scopus İndeksli Yayınlar Koleksiyonu
Permanent URI for this collectionhttps://hdl.handle.net/20.500.12573/395
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Article Modeling Commuter Mobility in Stockholm: A Spatial Panel Approach Using Mobile Phone Data(Springer Heidelberg, 2026) Fischer, Manfred M.; Osth, John; Toger, Marina; Turk, UmutThis paper examines the sociodemographic and socioeconomic determinants of regional commuter mobility in the Greater Stockholm Area using a heteroscedastic spatial Durbin panel data model estimated via Bayesian Markov Chain Monte Carlo methods. Drawing on mobile phone-derived origin-destination flows from the MIND database, the analysis exploits unusually fine spatial and temporal granularity across a balanced panel of 675 regions over the period 2018-2023. A k-nearest neighbor spatial weight matrix (k = 18), selected via Bayesian model comparison, captures the topological structure of interregional connectivity. By modeling spatial lags in both the dependent and independent variables, the framework enables explicit recovery of direct (own-region) and indirect (spillover) effects from scalar summary measures of the matrix of partial derivatives - providing robust posterior inference on how sociodemographic and socioeconomic conditions propagate through space. This approach addresses a key limitation of conventional non-spatial methods, which risk producing biased estimates by ignoring spatial interdependence. Empirical results confirm that spatial spillovers predominate over direct effects, with educational attainment and car ownership emerging as the principal determinants of commuter mobility, while age composition plays a comparatively modest role. These findings underscore that evaluating direct effects in isolation systematically underestimates the broader societal returns to mobility-enhancing regional policies.Article Citation - WoS: 7Citation - Scopus: 8Whether and When Did Bitcoin Sentiment Matter for Investors? Before and During the COVID-19 Pandemic(Springer, 2023-12-21) Aysan, Ahmet Faruk; Mugaloglu, Erhan; Polat, Ali Yavuz; Tekin, HasanUsing a wavelet coherence approach, this study investigates the relationship between Bitcoin return and Bitcoin-specific sentiment from January 1, 2016 to June 30, 2021, covering the COVID-19 pandemic period. The results reveal that before the pandemic, sentiment positively drove prices, especially for relatively higher frequencies (2-18 weeks). During the pandemic, the relationship was still positive, but interestingly, the lead-lag relationship disappeared. Employing partial wavelet tools, we factor out the number of COVID-19 cases and deaths and the Equity Market Volatility Infectious Disease Tracker index to observe the direct relationship between a change in sentiment and return. Our results robustly reveal that, before the pandemic, sentiment had a positive effect on return. Although positive coherence still existed during the pandemic, the lead-lag relationship disappeared again. Thus, the causal relationship that states that sentiment leads to return can only be integrated into short-term trading strategies (up to six weeks frequency).