Details about Ayhan Kose

Access statistics for papers by Ayhan Kose.

Last updated 2013-06-15. Update your information in the RePEc Author Service.

Short-id: pko65

Working Papers

2013

1. Financial Crises Explanations, Types, and Implications
   IMF Working Papers, International Monetary Fund
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013)
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2013)
2. Global House Price Fluctuations: Synchronization and Determinants
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University View citations (2)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2012)
   See also Chapter (2012)
3. Regionalization vs. Globalization
   Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (2)
   Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2013) View citations (1)
   IMF Working Papers, International Monetary Fund (2013) View citations (1)
   Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2013) View citations (2)
4. Understanding Financial Crises: Causes, Consequences, and Policy Responses
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2013)
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2013)

2011

5. Financial Cycles: What? How? When?
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
   Also in IMF Working Papers, International Monetary Fund (2011) View citations (4)
   See also Chapter (2010)
   Journal Article in NBER International Seminar on Macroeconomics (2011)
6. Globalization, the Business Cycle, and Macroeconomic Monitoring
   IMF Working Papers, International Monetary Fund
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2010)
   See also Chapter (2010)
   Journal Article in NBER International Seminar on Macroeconomics (2011)
7. How Do Business and Financial Cycles Interact?
   IMF Working Papers, International Monetary Fund View citations (6)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (1)
   See also Journal Article in Journal of International Economics (2012)
8. Review of “This Time is Different: Eight Centuries of Financial Folly by Carmen M. Reinhart and Kenneth S. Rogoff”
   Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum

2010

9. Do Credit Shocks Matter? A Global Perspective
   IMF Working Papers, International Monetary Fund View citations (22)
   See also Journal Article in European Economic Review (2011)
10. Recessions and Financial Disruptions in Emerging Markets: A Bird´s Eye View
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (2)
    See also Chapter (2011)
11. The Global Financial Crisis:How Similar? How Different? How Costly?
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (2)
    See also Journal Article in Journal of Asian Economics (2010)

2009

12. Capital Inflows: Macroeconomic Implications and Policy Responses
    IMF Working Papers, International Monetary Fund View citations (28)
    See also Journal Article in Economic Systems (2010)
13. Financial Globalization and Economic Policies
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (8)
    Also in IZA Discussion Papers, Institute for the Study of Labor (IZA) (2009) View citations (4)
14. Thresholds in the Process of International Financial Integration
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
    Also in IZA Discussion Papers, Institute for the Study of Labor (IZA) (2009) View citations (5)
    Policy Research Working Paper Series, The World Bank (2009) View citations (5)
    See also Journal Article in Journal of International Money and Finance (2011)
15. What are the driving forces of international business cycles
    2009 Meeting Papers, Society for Economic Dynamics
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (13)
    Vanderbilt University Department of Economics Working Papers, Vanderbilt University Department of Economics (2008) View citations (15)
    See also Journal Article in Review of Economic Dynamics (2011)

2008

16. Does Openness to International Financial Flows Contribute to Productivity Growth?
    IZA Discussion Papers, Institute for the Study of Labor (IZA) View citations (10)
17. Does Openness to International Financial Flows Raise Productivity Growth?
    IMF Working Papers, International Monetary Fund View citations (2)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (3)
    See also Journal Article in Journal of International Money and Finance (2009)
18. Global Business Cycles: Convergence or Decoupling?
    IMF Working Papers, International Monetary Fund View citations (44)
    Also in IZA Discussion Papers, Institute for the Study of Labor (IZA) (2008) View citations (30)
    NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (27)
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank, Research Centre (2008) View citations (35)
    See also Journal Article in International Economic Review (2012)
19. Reaping the Benefits of Financial Globalization
    IMF Occasional Papers, International Monetary Fund View citations (15)
20. What Happens During Recessions, Crunches and Busts?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (32)
    Also in IMF Working Papers, International Monetary Fund (2008) View citations (41)
    See also Journal Article in Economic Policy (2009)

2007

21. Changing Nature of North-South Linkages: Stylized Facts and Explanations
    IMF Working Papers, International Monetary Fund View citations (5)
    See also Journal Article in Journal of Asian Economics (2008)
22. How Does Financial Globalization Affect Risk Sharing? Patterns and Channels
    IZA Discussion Papers, Institute for the Study of Labor (IZA) View citations (32)
    Also in IMF Working Papers, International Monetary Fund (2007) View citations (28)

2006

23. Financial Globalization: A Reappraisal
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (180)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) View citations (146)
    IMF Working Papers, International Monetary Fund (2006) View citations (145)
    See also Journal Article in IMF Staff Papers (2009)
24. How Different Is the Cyclical Behavior of Home Production Across Countries?
    IMF Working Papers, International Monetary Fund View citations (1)
    Also in Computing in Economics and Finance 2001, Society for Computational Economics (2001)
    See also Journal Article in Macroeconomic Dynamics (2007)
25. How Do Trade and Financial Integration Affect the Relationship between Growth and Volatility?
    IZA Discussion Papers, Institute for the Study of Labor (IZA) View citations (28)
    Also in Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco (2004) View citations (14)
    IMF Working Papers, International Monetary Fund (2005) View citations (10)
    See also Journal Article in Journal of International Economics (2006)

2005

26. Can the Standard International Business Cycle Model Explain the Relation Between Trade and Comovement?
    IMF Working Papers, International Monetary Fund View citations (4)
    Also in Working Papers, Federal Reserve Bank of Philadelphia (2005) View citations (1)
    See also Journal Article in Journal of International Economics (2006)
27. Understanding the Evolution of World Business Cycles
    IMF Working Papers, International Monetary Fund View citations (24)
    See also Journal Article in Journal of International Economics (2008)

2004

28. Economic Integration, Business Cycle, and Productivity in North America
    IMF Working Papers, International Monetary Fund View citations (5)
29. Financial Globalization, Growth and Volatility in Developing Countries
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (21)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (14)
    See also Chapter (2007)
30. How has NAFTA Affected the Mexican Economy? Review and Evidence
    IMF Working Papers, International Monetary Fund View citations (13)

2003

31. Financial Integration and Macroeconomic Volatility
    IMF Working Papers, International Monetary Fund View citations (105)
32. How Does Globalization Affect the Synchronization of Business Cycles?
    IMF Working Papers, International Monetary Fund View citations (82)
    Also in IZA Discussion Papers, Institute for the Study of Labor (IZA) (2003) View citations (85)
    See also Journal Article in American Economic Review (2003)
33. Volatility and Comovement in a Globalized World Economy: An Empirical Exploration
    IMF Working Papers, International Monetary Fund View citations (18)

2002

34. The trade comovement problem in international macroeconomics
    Staff Reports, Federal Reserve Bank of New York View citations (12)

2001

35. Can Trade Theory Help Us Understand the Linkages Between International Trade and Business Cycles?
    Computing in Economics and Finance 2001, Society for Computational Economics View citations (3)

2000

36. Small Countries and Preferential Trade Agreements "How Severe is the Innocent Bystander Problem?"
    CESifo Working Paper Series, CESifo Group Munich View citations (1)

1999

37. Can world real interest rates explain business cycles in a small open economy?
    Staff Reports, Federal Reserve Bank of New York View citations (3)
    See also Journal Article in Journal of Economic Dynamics and Control (2001)
38. Dynamics of Open Economy Models: What Is the Role of the Discount Factor?
    Computing in Economics and Finance 1999, Society for Computational Economics
39. Trade Shocks and Macroeconomic Fluctuations in Africa
    CSGR Working papers series, Centre for the Study of Globalisation and Regionalisation (CSGR), University of Warwick View citations (7)
    Also in CESifo Working Paper Series, CESifo Group Munich (1999) View citations (3)
    See also Journal Article in Journal of Development Economics (2001)
40. Understanding the Welfare Implications of Preferential Trade Agreements
    CSGR Working papers series, Centre for the Study of Globalisation and Regionalisation (CSGR), University of Warwick View citations (3)
    See also Journal Article in Review of International Economics (2000)
41. World Real Interest Rates and Business Cycles in Open Economies: a Multiple Shock Approach
    Computing in Economics and Finance 1999, Society for Computational Economics

Journal Articles

2013

1. Policy Responses to Commodity Price Movements—2
   IMF Economic Review, 2013, 61, (1), 1-5

2012

2. GLOBAL BUSINESS CYCLES: CONVERGENCE OR DECOUPLING?
   International Economic Review, 2012, 53, (2), 511-538 View citations (6)
   See also Working Paper (2008)
3. How do business and financial cycles interact?
   Journal of International Economics, 2012, 87, (1), 178-190 View citations (3)
   See also Working Paper (2011)
4. Monetary and Macroprudential Policies
   IMF Economic Review, 2012, 60, (2), 151-154
5. Policy Responses to Commodity Price Movements—1
   IMF Economic Review, 2012, 60, (4), 465-469

2011

6. Arrival of Regular Issues
   IMF Economic Review, 2011, 59, (3), 401-403
7. Carmen M. Reinhart and Kenneth S. Rogoff, This Time is Different: Eight Centuries of Financial Folly, Princeton University Press (2009)
   Journal of International Economics, 2011, 84, (1), 132-134
8. Do credit shocks matter? A global perspective
   European Economic Review, 2011, 55, (3), 340-353 View citations (28)
   See also Working Paper (2010)
9. Economic Linkages, Spillovers, and the Financial Crisis—2
   IMF Economic Review, 2011, 59, (1), 1-5
10. Financial Cycles: What? How? When?
    NBER International Seminar on Macroeconomics, 2011, 7, (1), 303 - 344 View citations (5)
    See also Chapter (2010)
    Working Paper (2011)
11. Fiscal Policy, Stabilization, and Sustainability
    IMF Economic Review, 2011, 59, (4), 581-581
12. Globalization, the Business Cycle, and Macroeconomic Monitoring
    NBER International Seminar on Macroeconomics, 2011, 7, (1), 245 - 286 View citations (2)
    See also Chapter (2010)
    Working Paper (2011)
13. Macroeconomic and Financial Policies after the Crisis
    IMF Economic Review, 2011, 59, (2), 137-144
14. Thresholds in the process of international financial integration
    Journal of International Money and Finance, 2011, 30, (1), 147-179 View citations (32)
    See also Working Paper (2009)
15. What are the driving forces of international business cycles?
    Review of Economic Dynamics, 2011, 14, (1), 156-175 View citations (14)
    See also Working Paper (2009)
    Software Item (2010)

2010

16. Capital inflows: Macroeconomic implications and policy responses
    Economic Systems, 2010, 34, (4), 333-356 View citations (2)
    See also Working Paper (2009)
17. Economic Linkages, Spillovers, and the Financial Crisis—1
    IMF Economic Review, 2010, 58, (2), 209-213
18. Recessions and Financial Disruptions in Emerging Marketes: A Bird's Eye View
    Journal Economía Chilena (The Chilean Economy), 2010, 13, (2), 55-84
    See also Chapter (2011)
19. The financial crisis of 2008-2009: Origins, issues, and prospects
    Journal of Asian Economics, 2010, 21, (3), 239-241
20. The global financial crisis: How similar? How different? How costly?
    Journal of Asian Economics, 2010, 21, (3), 247-264 View citations (2)
    See also Working Paper (2010)

2009

21. Does financial globalization promote risk sharing?
    Journal of Development Economics, 2009, 89, (2), 258-270 View citations (22)
22. Does openness to international financial flows raise productivity growth?
    Journal of International Money and Finance, 2009, 28, (4), 554-580 View citations (22)
    See also Working Paper (2008)
23. Financial Globalization: A Reappraisal
    IMF Staff Papers, 2009, 56, (1), 8-62 View citations (59)
    Also in Panoeconomicus, 2009, 56, (2), 143-197 (2009) View citations (57)
    See also Working Paper (2006)
24. Frontiers of Research on Financial Globalization
    IMF Staff Papers, 2009, 56, (1), 1-7
25. What happens during recessions, crunches and busts?
    Economic Policy, 2009, 24, 653-700 View citations (39)
    See also Working Paper (2008)

2008

26. Changing nature of North-South linkages: Stylized facts and explanations
    Journal of Asian Economics, 2008, 19, (1), 1-28 View citations (26)
    See also Working Paper (2007)
27. Financial Stress and Economic Activity
    Journal of BRSA Banking and Financial Markets, 2008, 2, (2), 11-24
28. Understanding the evolution of world business cycles
    Journal of International Economics, 2008, 75, (1), 110-130 View citations (56)
    See also Working Paper (2005)

2007

29. HOW DIFFERENT IS THE CYCLICAL BEHAVIOR OF HOME PRODUCTION ACROSS COUNTRIES?
    Macroeconomic Dynamics, 2007, 11, (01), 56-78 View citations (1)
    See also Working Paper (2006)
30. Sources of Fluctuations: The Case of MENA
    Emerging Markets Finance and Trade, 2007, 43, (1), 5-34 View citations (4)

2006

31. Can the standard international business cycle model explain the relation between trade and comovement?
    Journal of International Economics, 2006, 68, (2), 267-295 View citations (32)
    See also Working Paper (2005)
32. How do trade and financial integration affect the relationship between growth and volatility?
    Journal of International Economics, 2006, 69, (1), 176-202 View citations (28)
    Also in Proceedings, 2004, (Jun) (2004) View citations (24)
    See also Working Paper (2006)

2005

33. Growth and Volatility in an Era of Globalization
    IMF Staff Papers, 2005, 52, (si), 31-63 View citations (30)
34. How might CAFTA change macroeconomic fluctuations in Central America?: Lessons from NAFTA
    Journal of Asian Economics, 2005, 16, (1), 77-104 View citations (7)

2004

35. Guest Editors' Introduction
    Emerging Markets Finance and Trade, 2004, 40, (6), 3-6
36. Integration and Fluctuations: The Case of MENA
    Emerging Markets Finance and Trade, 2004, 40, (6), 48-67 View citations (1)

2003

37. DYNAMICS OF OPEN-ECONOMY BUSINESS-CYCLE MODELS: ROLE OF THE DISCOUNT FACTOR
    Macroeconomic Dynamics, 2003, 7, (02), 263-290 View citations (21)
38. Dynamics of Business Cycles in Asia: Differences and Similarities
    Review of Development Economics, 2003, 7, (3), 462-477 View citations (12)
39. How Does Globalization Affect the Synchronization of Business Cycles?
    American Economic Review, 2003, 93, (2), 57-62 View citations (95)
    See also Working Paper (2003)
40. International Business Cycles: World, Region, and Country-Specific Factors
    American Economic Review, 2003, 93, (4), 1216-1239 View citations (247)

2002

41. Explaining business cycles in small open economies: 'How much do world prices matter?'
    Journal of International Economics, 2002, 56, (2), 299-327 View citations (48)

2001

42. Can world real interest rates explain business cycles in a small open economy?
    Journal of Economic Dynamics and Control, 2001, 25, (6-7), 867-889 View citations (37)
    See also Working Paper (1999)
43. International Trade and Business Cycles: Is Vertical Specialization the Missing Link?
    American Economic Review, 2001, 91, (2), 371-375 View citations (40)
44. Trade shocks and macroeconomic fluctuations in Africa
    Journal of Development Economics, 2001, 65, (1), 55-80 View citations (46)
    See also Working Paper (1999)

2000

45. Economic Efficiency and Productivity Growth in the Asia-Pacific Region: Tsu-Tan Fu, Cliff J. Huang, and C. A. Know Lovell; Edward Elgar, 1999; 351 pages, charts, graphs, tables, ISBN 1-85898-857-8
    Journal of Asian Economics, 2000, 11, (2), 259-262
46. Understanding the Welfare Implications of Preferential Trade Agreements
    Review of International Economics, 2000, 8, (4), 619-33 View citations (9)
    See also Working Paper (1999)

Chapters

2012

1. Global House Price Fluctuations: Synchronization and Determinants
   A chapter in NBER International Seminar on Macroeconomics 2012, 2012
   See also Working Paper (2013)

2011

2. Recessions and Financial Disruptions in Emerging Markets: A Bird’s Eye View
   Chapter 04 in Monetary Policy under Financial Turbulence, 2011, vol. 16, pp 059-104
   See also Working Paper (2010)
   Journal Article in Journal Economía Chilena (The Chilean Economy) (2010)

2010

3. Financial Cycles: What? How? When?
   A chapter in NBER International Seminar on Macroeconomics 2010, 2010, pp 303-343 View citations (7)
   See also Working Paper (2011)
   Journal Article in NBER International Seminar on Macroeconomics (2011)
4. Globalization, the Business Cycle, and Macroeconomic Monitoring
   A chapter in NBER International Seminar on Macroeconomics 2010, 2010, pp 245-286 View citations (1)
   See also Working Paper (2011)
   Journal Article in NBER International Seminar on Macroeconomics (2011)

2007

5. Financial Globalization, Growth and Volatility in Developing Countries
   A chapter in Globalization and Poverty, 2007, pp 457-516 View citations (7)
   See also Working Paper (2004)

Software Items

2010

1. Code and data files for "What are the driving forces of international business cycles?"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article in Review of Economic Dynamics (2011)