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HAKAN YILMAZKUDAY

 

RESEARCH

 

To download or see the abstracts of my papers, you can:

 

Published Research Papers:

  1. Inflation Dynamics of Turkey: A Structural Estimation (with Ege Yazgan), Studies in Nonlinear Dynamics and Econometrics, March 2005, Vol.9, No.1.  replication files (.zip)
     

  2. Monetary Policy Rules in Practice: Evidence from Turkey and Israel (with Ege Yazgan), Applied Financial Economics, January 2007, 17(1): 1-8.  replication files (.zip)
     

  3. Inflation Targeting Supported by Managed Exchange Rate, Applied Economics, September 2007, 39(16): 2011-2026. replication files (.zip)
     

  4. Twin Crises in Turkey: A Comparison of Currency Crisis Models, The European Journal of Comparative Economics, 2008, 5(1): 107-124.
     

  5. An Analysis of Regime Shifts in the Turkish Economy, (with Koray Akay), Economic Modelling, 2008, 25(5): 885-898.
     

  6. Structural Breaks in Monetary Policy Rules: Evidence from Transition Countries, Emerging Markets Finance and Trade, 2008, 44(6): 87-97.
     

  7. Money Shocks and Output: A Contemporary Money Demand Approach, The Empirical Economics Letters, 2008, 7(1): 1-4.
     

  8. The Effects of Currency Crises On the Business Cycles: An Alternative Regime-Shifting Approach, Emerging Markets Finance and Trade, 2009, 45(1): 31-48.
     

  9. Why are Trade Agreements Mostly Regional? A Welfare Analysis by Transportation Costs, (with Demet Ulker), in Paul E. Weston and Robert N. Townsend ed. Welfare Economics, 2009, NY: Nova Science Publishers, Inc.
     

  10. The Effects of Credit and Debit Cards on the Currency Demand, (with Ege Yazgan), Applied Economics, 2009, 41(17): 2115-2123.
     

  11. The Effects of Currency Crises on the Long-Run Growth, forthcoming in Applied Economics Letters.
     

  12. Inflation, Finance and Growth: A Trilateral Analysis
    (with Peter L. Rousseau), forthcoming in Economic Systems

     

  13. Productivity Cycles in Public and Private Manufacturing Sectors: Evidence from Turkey, forthcoming in International Journal of Applied Economics.
     

  14. Okun's Convergence within the U.S. (with Ege Yazgan), forthcoming in Letters in Spatial and Resource Sciences


  15. Agglomeration and Trade: State-Level Evidence from U.S. Industries, forthcoming in Journal of Regional Science
     

 

Other Working Papers:

  1. A Model of International Cities: Implications for Real Exchange Rates (with Mario J. Crucini), NBER Working Paper No: 14834
     

  2. Can Inflation Targeting Regimes be Effective in Developing Countries? The Turkish Experience, (with Ali Kutan and Cem Akyurek), revision invited at Journal of Development Economics

  3. What is the Optimal Rate of Inflation for Long-Run Growth?
    A Cross-Country Analysis
    , revision invited at International Economic Journal

  4. Inflation Targeting and Convergence Within Turkey, under review
     
     

  5. The IS Puzzle and Relative Risk Aversion in Turkey (with Ege Yazgan), under review
     

  6. Is there a Role for Trade Costs in Explaining the Central Bank Behavior? under review
     

  7. Understanding Interstate Trade Patterns, under review
     

  8. Is the Armington Elasticity Really Constant across Importers?, under review
     

  9. How Important is Technology? A Counterfactual Analysis

 

 

Recent Presentations of Research:

"A Model of International Cities: Implications for Real Exchange Rates"

Midwest Economics Association Annual Meetings, Chicago, 2008

Utah State University, Department of Economics, 2009

California State University - Long Beach, Department of Economics, 2009

Temple University, Department of Economics, 2009

University of Tennessee - Knoxville, Department of Economics, 2009

Society for Nonlinear Dynamics and Econometrics 17th Annual Symposium, Federal Reserve Bank of Atlanta, 2009

Istanbul Bilgi University, Department of Economics, 2009

Society for Economic Dynamics Annual Meeting, Istanbul, 2009

American Economic Association Annual Meeting, Atlanta, 2010 (scheduled)
 

"Is there a Role for Trade Costs in Explaining the Central Bank Behavior?"

Midwest Economics Association Annual Meetings, Chicago, 2008

Society for Nonlinear Dynamics and Econometrics 16th Annual Symposium, Federal Reserve Bank of San Francisco, 2008

Southern Economics Association Annual Meetings, Washington, DC, November 20-23, 2008.
 

"Understanding Interstate Trade Patterns"

Southern Regional Science Association Annual Meeting, Arlington, VA-Washington, DC, March 26-30, 2008

Spring 2008 Midwest International Economics Meetings, Champaign-Urbana, IL, 2008

Temple University, Department of Economics, 2009
 

"How Important is Technology? A Counterfactual Analysis"

Southern Regional Science Association Annual Meeting, Arlington, VA-Washington, DC, 2008
 

"Is the Armington Elasticity Really Constant across Importers?"

Fall 2008 Midwest International Economics Meetings, Ohio State University, 2008.