A. Talha Yalta photo

A. Talha Yalta

PROFESSOR OF ECONOMICS AT THE TOBB UNIVERSITY OF ECONOMICS AND TECHNOLOGY

A. Talha Yalta is a Professor of Economics and Chair of the Economics Department at TOBB University of Economics and Technology. He holds a Ph.D. and an M.A. in Economics from Fordham University, and a B.S. in Political Science and Public Administration from Middle East Technical University. Dr. Yalta's research areas include econometrics, defense economics, energy economics, and financial liberalization, with numerous publications in reputable journals. He has authored leading textbooks in microeconomics and macroeconomics and serves as an Associate Editor for the journal “Computational Statistics”. Dr. Yalta has received several prestigious awards, including a Senior Scholar Award from The Fulbright Commission and a Postdoctoral Research Fellowship from TUBITAK. His teaching portfolio includes econometrics, artificial intelligence for economics and finance, applied macroeconomics as well as research methods. He is dedicated to mentoring the next generation of economists, while making contributions to both academic advancements and economic policy applications.

Email: yalta [@] etu.edu.tr  |  Tel: +90 312 292 4120.

Books

A. Talha Yalta & A. Yasemin Yalta

Modern Makroekonomiye Giris,

6th ed., Ankara: Adres Yayinlari, 2024

WEBSITE        BOOK        ANDROID APP

A. Yasemin Yalta & A. Talha Yalta

Modern Mikroekonomiye Giris,

7th ed., Ankara: Adres Yayinlari, 2024

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Scientific articles

A. Talha Yalta & Allin Cottrell & Paulo C. Rodrigues

Computational econometrics with gretl

[Editorial][Special issue], Computational Statistics, forthcoming

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A. Yasemin Yalta & A. Talha Yalta

Capital Flight and the Real Exchange Rate: Evidence from Resource Scarce MENA Countries

Middle East Development Journal, 16 (1), 55–73, 2024

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A. Talha Yalta & A. Yasemin Yalta

The Determinants of Defense Spending in the Gulf Region

Defence and Peace Economics, 33 (8), 980–992, 2022

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A. Talha Yalta & Furkan Tuzun

Time Varying Determinants of US Demand for Defense Spending in the post-Cold War Era

Defence and Peace Economics, 32 (7), 829–846, 2021

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A. Talha Yalta & A. Yasemin Yalta

Are Credit Rating Agencies Regionally Biased?

Economic Systems, 42 (4), 682-694, 2018

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A. Yasemin Yalta & A. Talha Yalta

Dependency on Imported Oil and Its Effects on Current Account

Energy Sources Part B: Economics, Planning, and Policy, 12 (10), 859–867, 2017

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A. Talha Yalta

Bootstrap Inference of Level Relationships in the Presence of Serially Correlated Errors: A Large Scale Simulation Study and an Application in Energy Demand

Computational Economics, 48 (2), 339–366, 2016

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G. Altinay & A. Talha Yalta

Estimating the Evolution of Elasticities of Natural Gas Demand: The Case of Istanbul, Turkey

Empirical Economics, 51 (1), 201–220, 2016

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A. Talha Yalta

Down Payment Saving in the United States: Evidence from the Panel Study of Income Dynamics

Real Estate Economics, 44 (2), 355–377, 2016

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A. Talha Yalta & A. Yasemin Yalta

The Dynamics of Fuel Demand and Illegal Fuel Activity in Turkey

Energy Economics, 54, 144–158, 2016

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B. D. McCullough & A. Talha Yalta

Spreadsheets in the Cloud - Not Ready Yet

Journal of Statistical Software, 52 (7), 1–14, 2013

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A. Talha Yalta & Sven Schreiber

Random Number Generation in gretl

Journal of Statistical Software, 50 (C1), 1–13, 2012

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A. Yasemin Yalta & A. Talha Yalta

Does Financial Liberalization Decrease Capital Flight? A Panel Causality Analysis

International Review of Economics & Finance, 22 (1), 92–100, 2012

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A. Talha Yalta & Hatice Cakar

Energy Consumption and Economic Growth in China: A Reconciliation

Energy Policy, 41, 666–675, 2012

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A. Talha Yalta

Analyzing Energy Consumption and GDP Nexus Using Maximum Entropy Bootstrap: The Case of Turkey

Energy Economics, 33 (3), 453–460, 2011

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A. Talha Yalta & A. Yasemin Yalta

Should Economists Use Open Source Software for Doing Research?

Computational Economics, 35 (4), 371–394, 2010

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A. Talha Yalta & Olaf Jenal

On the Importance of Verifying Forecasting Results

International Journal of Forecasting, 25 (1), 62–73, 2009

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A. Talha Yalta

The Accuracy of Statistical Distributions in Microsoft © Excel 2007

Computational Statistics and Data Analysis, 52 (10), 4579–4586, 2008

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A. Talha Yalta & Riccardo Lucchetti

The GNU/Linux Platform and Freedom Respecting Software for Economists

Journal of Applied Econometrics, 23 (3), 279–286, 2008

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A. Talha Yalta

The Numerical Reliability of GAUSS 8.0

The American Statistician, 61 (3), 262–268, 2007

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A. Talha Yalta & A. Yasemin Yalta

GRETL 1.6.0 and Its Numerical Accuracy

Journal of Applied Econometrics, 22 (4), 849–854, 2007

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Lecture notes

Below, you can find my Econometrics Lecture Notes (in Turkish) that have been published as opencourseware by the Turkish Academy of Sciences (TUBA). The notes follow the subject list of Gujarati and Porter's Basic Econometrics text book. You can freely use, duplicate, and modify all these course materials under the Creative Commons CC-by-SA-3.0 licence terms.

PREFACE FOR THE LECTURE NOTES

Gretl in Turkish

Gretl in Turkish screenshot

Gretl in Turkish main window

Gretl in Turkish screenshot

Gretl estimation window

What is gretl?

Gretl (Gnu Regression, Econometrics, and Time-series Library) is a comprehensive econometrics package, developed with the C programming language. It is free and open-source software. It can be freely redistributed or modified under the terms of the GPL3 licence published by the Free Software Foundation. Being free makes gretl an ideal tool for the classroom environment; while being open-source makes the program a transparent, reliable and universal choice for scientific studies.

Since its initial version in 2000, gretl has shown significant progress and today it has reached more than 700,000 lines of programming code. The latest versions of the software offer, in addition to an easy and intuitive graphic interface, a wide selection of tests and estimators, an integrated scripting language, high quality plots, and many other advanced features. According to the Open Hub website, which compiles statistics regarding open source software, gretl currently has 24 active developers and contains approximately 180 human years worth of effort based on its lines count. Accordingly, the cost of developing the software from scratch with a 60,000 dollars annual sallary per programmer would be calculated as nearly 10 million US dollars.

My contributions to gretl

I started using gretl for the first time during my economics doctoral studies in the US and, in time, I became one of its developers. Aside from hundreds of improvements and error corrections, I have played role in the empirical testing and documentation of many computations in gretl. In addition, I have also published various gretl related articles and reviews in highly respected international scientific journals and conferences.

In 2008, I meticulously translated gretl's user interface and its website into Turkish. Thereby, gretl has become the first econometrics software that supports the Turkish language. I continue to update and improve the Turkish translation of gretl to this day. I hope that my efforts will be helful for many Turkish scientists in their research, and also contribute to the development of Turkish as a language of science.

Photo album

A. Talha Yalta Fulbright photo

Yours truly, a two-time Fulbrighter.

H.D. Vinod and A. Talha Yalta photo

With my dear friend and dissertation mentor H.D. Vinod. October 2023.

Merve Naz Yalta photo

My daughter Merve Naz, seven years old. July 2020.

Berkay Yalta photo

My son Berkay, fourteen years old here. May 2020.

A. Talha Yalta talk photo

Giving a talk in 2010.

Gretl Conference 2009 photo

Gretl Conference 2009, Bilbao. In the middle with the red t-shirt is Allin Cottrell, gretl's chief developer.

A. Talha Yalta photo from 2009

Circa 2009, assistant professor at TOBB ETU.

A. Yasemin Yalta and A. Talha Yalta photo

May 19, 2007. With my wife Yasemin Yalta, receiving the economics doctoral degree at Fordham University.

Baby Berkay Yalta photo

Berkay, aged 6 months. Asleep after a long read of macroeconomics.

Fordham macroeconomics lecture photo

My first students. Fordham University 2003 fall semester Basic Macroeconomics class. I am the one in the back with the red sweater.

Contact

yalta [@] etu.edu.tr +90 312 292 4120
  • TOBB University of Economics and Technology,
  • Department of Economics,
  • Sogutozu Caddesi No:43 Sogutozu,
  • 06510 Cankaya / Ankara, TURKEY